Supplemental user notes for the RICS Farm Business Tenancy Agreements 2021
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All new Farm Business Tenancies should make provision for dealing with any schemes for entitlements, quotas, subsidies, contracts or environmental schemes.
The Basic Payment Scheme (BPS) was introduced in 2014, with the first claims being made under the new scheme in 2015. Entitlements awarded and operable under the Single Payment Scheme...