123Variation of rentE+W
(1)The landlord may vary the rent payable under a periodic standard 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 periodic standard contracts under which rent is payable[F1, except a periodic standard contract which is a housing association tenancy].
Textual Amendments
F1Words in s. 123(4) inserted (1.12.2022) by The Renting Homes (Wales) Act 2016 (Housing Association Tenancies: Fundamental Provisions) Regulations 2022 (S.I. 2022/799), regs. 1, 5(3) (as amended by S.I. 2022/906, arts. 1(2), 14)
Commencement Information
I1S. 123 in force at 1.12.2022 by S.I. 2022/906, art. 2