It has been a busy time for the RICS recently on its consultations. First, the Service Charge Code revisions, where the new Code is due to come into force in April, (see my previous post). Then the technical, but financially important Guide to Measuring Practice. Now the proposals for the Code for Leasing Business Premises are out for consultation. The proposed new Code is due to replace the 2007 Code, and is designed to "improve the quality and fairness of initial negotiations.....that should make the legal drafting process more efficient". This is a laudatory aim and the Code aims to achieve it by imposing a number of mandatory requirements for heads of terms, as well as optional points. If you think that there is anything that has been left out, or that you feel should be excluded, you have until April 12 to add your views on the Consultation website.