Counter-Inflation Act 1973

Tenancies at a low rent

11 (1) At the end of section 2(1) of the [1968 c. 23.] Rent Act 1968 there shall be inserted the following proviso :—

“Provided that paragraph (a) of this subsection shall apply in relation to a dwelling-house—

(i) in relation to which the appropriate day fell before the passing of the Counter-Inflation Act 1973, and

(ii) which had on the said appropriate day a rateable value exceeding, if it is in Greater London, £400 or, if it is elsewhere, £200,

as if for the reference in the said paragraph (a) to the appropriate day there were substituted a reference to the date of passing of the Counter-Inflation Act 1973.”.

(2) In section 2(5) of the [1954 c. 56.] Landlord and Tenant Act 1954 (as originally enacted) for paragraphs (a) and (b) there shall be substituted the words " for the purposes of this subsection the rateable value of the property is that which would be taken as its rateable value for the purposes of section 2(1)(a) of the Rent Act 1968. "