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Wednesday, December 12, 1973
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In such cases where the tenant had contracted to pay an increased
rent, it would be a reasonable concession to landlords to allow such
agreed increases, he said, "Tenants in these cases would of course enjoy
the security of tenure afforded by the bill."
Mr. Lightbody noted that the bill provided for on-going rent
increases, and should ensure property owners a reasonable return on
their investment while leaving newly completed premises free of control,
"At the same time," he added, "existing tenants are protected
against unreasonable rent increases and will enjoy security of temire,"
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