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5.—(1) Subject to paragraph (4) of this article, the rent may be increased in any first period or subsequent period to the aggregate of the following:—
(a)the amount of the previous rent limit, calculated in accordance with article 3 of this Order; and
(b)the noted amount (if any) as defined in article 2 of this Order; and
(c)the permitted increase, calculated in accordance with paragraph (2) or (3) of this article, as the case may be.
(2) The permitted increase in respect of the first period shall be the greatest of the following amounts:—
(a)£104; or
(b)one quarter of the previous rent limit, ascertained in accordance with article 3 of this Order; or
(c)one half of the difference between the previous rent limit ascertained in accordance with article 3 of this Order and the registered rent.
(3) The permitted increase in respect of the subsequent period shall be such amount as is required to increase the previous rent limit calculated in accordance with article 3 of this Order to the registered rent.
(4) Nothing in this article—
(a)shall permit the rent to be increased above the amount of the registered rent;
(b)shall prevent or limit an increase in any sums in a rent which are variable by virtue of section 49(6) of the 1984 Act.
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