Permitted increase
3(1)Subject to paragraph 3(1)(c) of Part III of the Schedule to the [1971 c. 40.] Fire Precautions Act 1971, the rent may be increased to the aggregate of the following—
(a)the amount of the previous limit calculated in accordance with paragraph 4 of this Schedule ; and
(b)the appropriate proportion of the difference between the registered rent and the amount specified in paragraph (a) above.
(2)The appropriate proportion mentioned in sub-paragraph (1)(b) of this paragraph shall be ascertained for any rental period in accordance with the following Table, in which the year of the period of delay in which the rental period begins is shown in the first column and the appropriate proportion in the second column.
TABLE
| Year of period of delay | Appropriate proportion |
|---|---|
| first year | one-third |
| second year | two-thirds |
(3)Notwithstanding anything in the foregoing provisions of this paragraph, the amount to which the rent may be increased for any rental period shall not in any case be less than 50p a week above the following, that is to say—
(a)if the rental period begins in the first year of the period of delay, the amount specified in sub-paragraph (1)(a) of this paragraph ;
(b)if the rental period begins in the second year of the period of delay, the amount to which the rent could be increased for a rental period beginning in the previous year;
but nothing in this paragraph shall be taken to enable the rent to be increased above the amount registered.