PART 6PROVISIONS APPLYING ONLY TO PERIODIC STANDARD CONTRACTS
C1CHAPTER 3VARIATION OF CONTRACTS
I1124Variation of other consideration
1
Where consideration other than rent is payable under a periodic standard contract, the amount of consideration may be varied—
a
by agreement between the landlord and the contract-holder, or
b
by the landlord in accordance with subsections (2) to (4).
2
The landlord may give the contract-holder a notice setting out a new amount of consideration to take effect on the date specified in the notice.
3
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.
4
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 amount of consideration took effect.
5
This section is a fundamental provision which is incorporated as a term of all periodic standard contracts under which consideration other than rent is payable.
Pt. 6 Ch. 3: power to amend conferred (1.9.2019) by Renting Homes (Fees etc.) (Wales) Act 2019 (anaw 2), s. 30(2), Sch. 1 para. 11 (with s. 29); S.I. 2019/1150, art. 2(c)