On 9 November 2021, alongside introduction of the Commercial Rents (Coronavirus) Bill, Government published a new Commercial Rents Code of Practice (https://www.gov.uk/ government/publications/commercial-rents-code-of-practice-november-2021). The Code aligns with this legislation and sets out what the arbitration process provided for in the Bill will look like, as well as what is meant by ringfenced arrears, which can be found in the section of the Code entitled ‘Scope’. The Code also sets out the periods to which ringfencing applies in Annex A by providing the dates in which mandatory closures (in full or in part) were enforced by Government, by sector and accounting for local restrictions, across England and Wales. The table as laid out in the Code is intended to help parties understand the periods a business was mandated to close or permitted to trade within the ringfenced period. Government has published further guidance for arbitrators to assist in the delivery of the scheme.