The tenant must increase a rental bond if—
(a) the rent payable under the agreement increases; and
(b) the lessor gives written notice to the tenant to increase the rental bond; and
(c) the notice is given at least 11 months after—(i) the agreement started; or(ii) if the rental bond has been increased previously following the giving of a notice under this section—the day stated in the notice, or the last notice, for making the increase; and
(d) the notice states the day by which the increase must be made; and
(e) the day stated is at least 1 month after the tenant is given the notice about the increase.