RICS FBTA Year to Year 2021
Since the introduction of the original suite of Farm Business Tenancy Agreements (FBTA), there have been a number of updates with the most recent in 2012, 2014, 2016, 2020 and 2021.
The 2014 and 2016 updates primarily accounted for the introduction of the Basic Payment Scheme (BPS) in place of the Single Payment Scheme (SPS), the associated changes to related environmental schemes and the abolition of milk quotas, as well as other changes such as the availability of the new model clauses as an alternative set of provisions concerning repairs and insurance. The February 2020 updates were primarily to take account of the United Kingdom’s exit from the European Union.
The 2021 review was primarily to incorporate some specific Welsh legislative/regulatory references where relevant.
See also the supplemental user notes: http://isurv.com/site/scripts/documents_info.aspx?documentID=8884&categoryID=104
The June 2021 Agreements are the current versions.
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