This section applies to the exercise of CRAR where the premises concerned are an agricultural holding.
CRAR is not exercisable to recover rent that became due more than a year before notice of enforcement is given.
For the purposes of subsection (2), deferred rent becomes due at the time to which payment is deferred.
"Deferred rent" means rent the payment of which has been deferred, according to the ordinary course of dealing between the landlord and the tenant, to the end of a quarter or half-year after it legally became due.
The permitted deductions under section 77(7) at any time include any compensation due to the tenant in respect of the holding, under the 1986 Act or under custom or agreement, that has been ascertained at that time.
In this section—
the "1986 Act" means the Agricultural Holdings Act 1986 (c. 5);
"agricultural holding" has the meaning given by section 1 of the 1986 Act.