Variation of limits of rent increases2

In section 58(2) of the Rent (Scotland) Act 1984 (which sets out the limits of rent increases for certain housing association rents) for paragraphs (a) and (b) there shall be substituted the following:—

a

for any rental period beginning in the first stage, the rent limit shall be the rent limit immediately before the date of registration plus the greatest of—

i

£104; or

ii

one-quarter of the previous rent limit; or

iii

one-half of the difference between the previous rent limit and the amount of the registered rent:

provided that nothing in this paragraph shall enable the rent to be increased above the amount of the registered rent;

b

for any rental period beginning in the second stage the rent limit shall be the rent payable for the first stage plus any amount required to increase the rent payable to the registered rent.