[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

43EMeaning of “permitted rate”: further provisionS

(1)The Scottish Ministers may by regulations modify section 43D to substitute a different economic index for the one for the time being mentioned there.

(2)The Scottish Ministers may by regulations modify section 43D to—

(a)substitute a different percentage point for the one for the time being specified in subsection (1)(a) of that section,

(b)substitute a different percentage for the one for the time being specified in subsection (1)(b) of that section.

(3)The Scottish Ministers may make regulations under subsection (2) only if they consider that the modification is necessary to ensure that restrictions imposed by this Part on the rent payable under private residential tenancies of properties in a rent control area (other than exempt properties) are—

(a)necessary and proportionate for the purpose of protecting the social and economic interests of tenants in the area, and

(b)a necessary and proportionate control of landlords’ use of their property in the area.

(4)Before laying a draft of a Scottish statutory instrument containing regulations under subsection (1) or (2) before the Scottish Parliament, the Scottish Ministers—

(a)must consult persons who appear to them to represent the interests of tenants and landlords, and

(b)may consult any other person they consider appropriate.]