XN000022-1973-12-13 — Page 4

3

Thursday, December 13, 1973

_

department provided that for premises with a

rateable value of $30,000 or less, the increase

cannot exceed 21 per cent of the current rent.

* controls the new rent for two years after the

increase, if the increase is made after December 14,

1973;

disallows a rent increase within one year of the

last increase, if that increase was made on or

before December 14, 1973, or within one year of the

tenancy;

requires the landlord to serve a notice of the

certified increase on the tenant, specifying the

effective date of increase, which cannot be earlier

than one month from the date of service of the notice;

* allows the landlord who lets his premises to a new

tenant after December 14, 1973, to agree any rent,

although he will have to notify the Commissioner

of Rating and Valuation of the new rent;

* allows the landlord to regain his premises, on

application to the District Court, if he wants the premises for his own domestic use or if he intenda

to rebuild it;

provides for an Independent Rent Tribunal to review

certificates of rent increase issued by the Rating

and Valuation Department, and provides for either

the landlord or tenant, if not satisfied with the

Tribunal's decision, to appeal to the District Court;

allows .........