Australian Capital Territory Current Regulations

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RESIDENTIAL TENANCIES REGULATION 1998 - REG 5A

Rental increase threshold—Act, s 64B and s 68

    (1)     The prescribed amount is worked out as follows:

1998-1702.jpg

    (2)     In this section:

"current index number" means the most recently published index number when the lessor gives the tenant notice of the proposed rental rate increase.

"index number" means the rents subgroup of the housing group of the Consumer Price Index for Canberra published from time to time by the Australian statistician.

"initial index number" means the most recently published index number on—

        (a)     the day the residential tenancy agreement began; or

        (b)     if the rental rate has been increased previously—the day the lessor gave the notice for that increase.



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