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Yn ddilys o 01/12/2022

PART 5 E+WPROVISIONS APPLYING ONLY TO SECURE CONTRACTS

CHAPTER 2E+WVARIATION OF CONTRACTS

104Variation of rentE+W

(1)The landlord may vary the rent payable under a secure contract by giving the contract-holder a notice setting out a new rent to take effect on the date specified in the notice.

(2)The period between the day on which the notice is given to the contract-holder and the specified date may not be less than two months.

(3)Subject to that—

(a)the first notice may specify any date, and

(b)subsequent notices must specify a date which is not less than one year after the last date on which a new rent took effect.

(4)This section is a fundamental provision which is incorporated as a term of all secure contracts under which rent is payable.