This statutory instrument establishes the appropriate multiplier for the purposes of the Landlord and Tenant Act 1954 in England and Wales. The document is a formal legislative order issued by the government to define specific financial or legal parameters required for the administration of commercial property tenancies. It serves as a technical amendment to existing property legislation to ensure consistent application of statutory requirements.

Legal professionals and property practitioners use this document as a primary source for verifying statutory compliance regarding the 1954 Act. It is a highly technical, narrow-focus instrument intended for use within the context of English property law administration.