Housing (Financial Provisions) (Scotland) Act 1972

29 Provisions as to rents in 1972-73 and 1973-74

(1) Subject to subsection (2) below, a local authority shall charge standard rents in the year 1972-73 and 1973-74 in accordance with the following provisions of this subsection—

(a) they shall make such increase or increases in standard rents on or before 1st October 1972 that the amount of income per house (for the year 1972-73) receivable by them from standard rents for the period from 1st October 1971 to the end of the year 1972-73 exceeds by not less than £24 the amount of income per house (for the year 1972-73) which would have been so receivable if no alteration in standard rents had been made on or after 1st October 1971;

(b) the amount of income per house (for the year 1973-74) receivable by them from standard rents for the year 1973-74 shall exceed by not less than £50 the amount of income per house which would be so receivable for that year if no alteration in standard rents had been made on or after 1st October 1971 ;

(c) in 1973-74 they shall increase standard rents by the maximum average rent increase.

(2) Where a local authority would comply with the provisions of section 28(1) of this Act in the year 1972-73 or 1973-74—

(a) by increasing standard rents in that year by a lesser amount than the amount by which they are needed to increase standard rents in that year under subsection (1) above, or

(b) by reducing standard rents in that year,

they shall make such alteration in standard rents in that year as is necessary in order to comply with those provisions, and where they would so comply without making any alteration in standard rents in that year, they shall make no such alteration.