New South Wales Consolidated Acts

RESIDENTIAL TENANCIES ACT 2010 - SECT 42

42 Rent increases under fixed term agreements

(1) The rent payable under a fixed term agreement for a fixed term of less than 2 years must not be increased during the fixed term unless the agreement specifies the increased rent or the method of calculating the increase.

(2) The rent payable under a fixed term agreement for a fixed term of 2 years or more--

(a) must not be increased more than once in any period of 12 months, and

(b) may be increased whether or not the agreement specifies the increased rent or the method of calculating the increase.

(3) A landlord or landlord's agent must not increase the rent payable under a fixed term agreement in contravention of this section.

: Maximum penalty--20 penalty units.