92
CAP. 7]
Landlord and Tenant (Consolidation)
[1988 Ed.
in default of such agreement, may be determined by the Tribunal or by a valuation surveyor appointed by the Tribunal, to be a prevailing market rent. (Amended 29 of 1983 s. 46)
(2) The determination of the rent by the valuation surveyor shall, upon a copy of such determination being lodged with the Tribunal and the Commissioner, be binding on the parties.
(3) The valuation surveyor appointed under subsection (1) shall be paid such reasonable fee by the Registrar of the Tribunal as may be determined by the Tribunal from moneys provided by the Legislative Council.
[cf. U.K. 1954 c. 56 s. 34]
Endorsement of tenancy agreement
119L. (1) Where the parties-
(a) on or after 10 June 1983, enter into a tenancy to which this Part applies;
(b) agree a renewal of a tenancy under section 119C;
(c) execute a lease or agreement for a new tenancy as determined by the Tribunal or agreed by them,
the landlord shall lodge with the Commissioner a notice in triplicate in the specified form signed by the landlord; and the Commissioner shall endorse the fact of receipt on 2 copies of the notice and return 1 copy to the landlord and 1 copy to the tenant. (Replaced 29 of 1983 s. 39) (See Form CR109 in G.N. 2215 in Gazette No. 30/84)
(1A) The notice mentioned in subsection (1) may be lodged--
(a) without charge, within 1 month after the event notified; or
(b) upon payment to the Commissioner of a fee of $500, at any time.
(Added 40 of 1984 s. 34)
(2) Subject to section 51A(6), a landlord shall not be entitled to maintain an action to recover rent under an agreement mentioned in subsection (1) unless a notice relating to that agreement is endorsed by the Commissioner under that subsection. (Amended 29 of 1983 s. 39)
(Amended 40 of 1984 s. 34)
Carrying out of order for new tenancy
119M. (1) Where under this Part, the Tribunal makes an order for the grant of a new tenancy, then, unless the tenant serves the notice mentioned in subsection (2), the landlord shall be bound to execute or make in favour of the tenant, and the tenant shall be bound to accept, a lease or agreement for a tenancy of the premises embodying the terms agreed between the landlord and the tenant or determined by the Tribunal or the valuation surveyor in accordance with this Part; and where the landlord executes or makes such a lease or agreement the tenant shall be bound, if so required by the landlord, to execute a counterpart or duplicate thereof.