Landlord and Tenant (Consolidation) Ordinance

(1)
Without limiting
section 120AAZI
, a landlord of a first term tenancy
                for a subdivided unit must, within the offer
period—
(a)
make a second term offer to the tenant; and
(b)
serve the offer on the tenant,
for a second term tenancy of the regulated cycle for the subdivided
                unit.
(2)
The second term offer may only be made in Form AR1.
(3)
The landlord
must—
(a)
state the proposed amount of rent for the second term tenancy in Form AR1;
                    and
(b)
sign the Form.
(4)
The proposed amount of rent must not exceed the maximum amount of rent for the
                second term tenancy that is permitted under
section 120AAZE
.
(5)
The second term offer must not include any terms or conditions other than those
                contained in the first term tenancy.
(6)
Subject to
section 120AAT
, a second term offer, once made, remains
                open for acceptance by the tenant before the expiry of the first term tenancy, and
                the landlord may not withdraw the offer.
(7)
For the purposes of subsection (6), the reference to the landlord includes a
                person who becomes the landlord of the subdivided unit after the second term offer
                is made but before the expiry of the first term tenancy.