Part V Registration of Rents under Regulated Tenancies

47 Certificates of fair rent.

1

A person intending—

a

to provide a dwelling-house by the erection or conversion of any premises or to make any improvements in a dwelling-house, or

b

to let on a regulated tenancy a dwelling-house which is not for the time being subject to such a tenancy and which satisfies the condition either that no rent for it is registered under this Part of this Act or that a rent is so registered but not less than three years have elapsed since the relevant date (as defined in section 46(5) above),

may apply to the rent officer for a certificate, to be known as a certificate of fair rent, specifying a rent which, in the opinion of the rent officer, would be a fair rent under a regulated tenancy of the dwelling-house or, as the case may be, of the dwelling-house after the erection or conversion or after the completion of the improvements.

2

The regulated tenancy to which the application for the certificate of fair rent relates shall be assumed to be a tenancy on such terms as may be specified in the application and, except in so far as other terms are so specified, on the terms that the tenant would be liable for internal decorative repairs, but no others, and that no services or furniture would be provided for him.

3

The provisions of Schedule 6 to this Act shall have effect with respect to applications for certificates of fair rent.

4

Subject to section 46(7)above, where a certificate of fair rent has been issued in respect of a dwelling-house, an application for the registration of a rent for the dwelling-house in accordance with the certificate may be made within three years of the date of the certificate either,—

a

by the landlord under such a regulated tenancy of the dwelling-house as is specified in the certificate; or

b

by a person intending to grant such a regulated tenancy of the dwelling-house;

and, in lieu of the provisions of Part I of Schedule 5 to this Act, the provisions of Part II of that Schedule shall have effect with respect to an application so made.