Full legislation
s.10AA
Increase in rent on account of rates
(1) Where— (a) a landlord bears the rates in respect of any premises and after 31 March 1975 there is an increase in the amount of the rates payable; or (b) rates are imposed after 31 March 1975 in respect of any premises and the landlord bears those rates, the landlord may, subject to subsection (2), increase the amount of rent payable by the tenant of those premises by the amount of the increase in rates or by the amount of the rates imposed, as the case may be. (1A) For the purposes of subsection (1 )( b) , rates shall be deemed not to be imposed where rates become payable by reason only that the premises cease to be exempt from assessment to or payment of rates under section 36 of the Rating Ordinance ( Cap. 116 ). (Added 29 of 1983 s. 4 ) (2) Where the amount of rent is increased under this section the increase shall not take effect except in pursuance of a notice of increase in the specified form served by the landlord on the tenant, specifying the increase and the date from which it is to take effect. (3) The date specified in a notice of increase under subsection (2) shall not be earlier than— (a) the date from which the increased rates or the rates imposed, as the case may be, are payable; or (b) 24 months prior to the date of service of the notice, whichever is the later. (Replaced 29 of 1983 s. 4 )