[F1Part 4ASRent: properties in a rent control area (other than exempt properties)

Chapter 1SInitial provisions and restrictions in relation to rent etc.

Key definitions in this PartS

43DMeaning of “permitted rate”S

(1)In this Part, the “permitted rate” means the lower of—

(a)CPI% plus one percentage point (but see subsection (3)), and

(b)6%.

(2)In this section—

(3)If the total percentage determined under subsection (1)(a) is less than 0%, it is to be treated instead as if it were 0%.]