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FRIDAY, DECEMBER 19, 1975
NEW FORMS FOR USE UNDER RENT CONTROL LAW
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SPECIFIED FORMS FOR USE UNDER THE LANDLORD AND TENANTS (CONSOLIDATION) (AMENDMENT) (NO.4) ORDINANCE 1975 AND SIMPLE EXPLANATORY BOOKLETS WILL SHORTLY BE AVAILABLE AT THE OFFICES OF THE RATING AND VALUATION DEPARTMENT, PUBLIC ENQUIRY COUNTERS AND DISTRICT OFFICES.
THE AMENDED ORDINANCE, WHICH WAS PASSED ON WEDNESDAY BY THE LEGISLATIVE COUNCIL, ALLOWS FOR INCREASED RENTS TO BE CHARGED FOR PRE-WAR PREMISES, BOTH DOMESTIC AND BUSINESS, BUT ONLY WHERE THE CURRENT RENT BEING PAID IS BELOW THE NEW PERMITTED LEVEL.
WHERE THE CURRENT RENT IS EQUAL TO OR MORE THAN THE NEW PERMITTED RENT, A TENANT WILL NOT BE OBLIGED TO PAY ANY INCREASE.
A SPOKESMAN FOR THE RATING AND VALUATION DEPARTMENT. COMMENTING ON THE AMENDED ORDINANCE, SAID TODAY THAT THE ACTUAL INCREASES, IN MONEY TERMS, WOULD BE COMPARATIVELY SMALL.
IN ORDER TO OBTAIN AN INCREASE IN RENT, A LANDLORD WILL HAVE TO SERVE ON HIS TENANT A NOTICE OF INCREASE AND A COPY OF THE NOTICE MUST BE SENT TO THE COMMISSIONER OF RATING AND VALUATION FOR ENDORSEMENT.
LANDLORDS AND TENANTS CAN ALSO APPLY TO THE COMMISSIONER FOR HIS ASSESSMENT OF STANDARD RENT WHICH IS THE BASE FIGURE UPON WHICH THE PERMITTED INCREASES ARE CALCULATED.
FOR POST-WAR DOMESTIC PREMISES, THE NEW ORDINANCE REMOVES PROTECTION FROM FRESH LEASES FOR THREE YEARS OR MORE AND ALSO FROM LETTINGS HELD IN THE NAMES OF GOVERNMENTS, CORPORATIONS AND SO ON.
THE MAJOR CHANGE, HOWEVER, IS THE ALTERATION OF THE FACTOR, FROM FIVE TO FOUR, WHICH IS USED TO DETERMINE THE AMOUNT OF INCREASE IN RENT PERMITTED FOR POST-WAR PREMISES.
+THIS CHANGE,+ THE SPOKESMAN SAID, +WAS CONSIDERED NECESSARY IN ORDER TO CONTINUE TO PROGRESS, AT AN ACCEPTABLE PACE, TOWARDS EVENTUAL DECONTROL.+
HE EMPHASISED THAT THERE WAS NO CHANGE IN THE MAXIMUM PERMITTED INCREASE OF 21 PER CENT FOR PREMISES WITH A RATEABLE VALUE NOT EXCEEDING $30,000.
THE PROPOSAL
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