Extending the Hawkers Succession Scheme (the Succession Assignment Right)

HSS already lets retiring veterans assign their stalls to non-family successors, but only six transfers had completed by September 2025. The extension plugs the Succession Mortgage into that scheme, writes NEA's own three-year rent stagger into the Scheme's terms, to the applicable band at a pilot centre, opens eligibility to any retiring stallholder with a certified successor, pays the hand-over apprenticeship at Master Fellowship rates, and retires the signature-dish price freeze. HSS's anti-flipping, name and dish-continuity conditions stay, and assignment is limited to one hand-over per stall per generation, alongside the ballot rather than in place of it.

Who pays

ASK OF GOVERNMENT · SELF-FINANCING · BUILDS ON

What it costs

Zero

It requires no statute and costs nothing.

What it builds on

Hawkers Succession Scheme (2022): assignment to non-family successors enabled since 2022; 3-yr no-transfer & name/dish conditions; 6 transfers completed, 4 in progress and 2 veterans still seeking successors (Sep 2025) (§1.2, §1.3).

The ask of Government

Decision

Extending the Hawkers Succession Scheme – to certified successors, with goodwill paid through escrow and NEA's three-year phasing of the rent written into its terms

Instrument

NEA amends the terms of an existing scheme to allow a disclosed, capped goodwill payment for the craft and the name, never priced on the location, and to write in its own three-year phasing of the rent (§2.3)

Fiscal cost

Zero

What it buys

Turns a well-built scheme – six completed transfers in nearly four years – into the standing succession pathway. "Your stall can outlive you."

From §7.7.

Who gains

Hawkers

"Your stall can outlive you – and your retirement will be paid for by the queue you built" (§2.3).

Government

Turns a well-built scheme into the standing succession pathway, at zero fiscal cost (§7.7).