(1) For the heading to section 27A of the Principal Act substitute —
" Additional terms in fixed term residential rental agreements ".
(2) Before section 27A(1) of the Principal Act insert —
"(1AA) A residential rental agreement for a fixed term of not more than 5 years that is in the standard form may include a term agreed by the parties which is additional to the terms contained in the standard form.".
(3) In section 27A(1) of the Principal Act—
(a) for "tenancy agreement" (where first occurring) substitute "residential rental agreement";
(b) omit "tenancy agreement" (where secondly occurring).
(4) In section 27A(2) of the Principal Act—
(a) for "tenancy agreement" (where first occurring) substitute "residential rental agreement";
(b) omit "tenancy agreement" (where secondly and thirdly occurring).
(5) For the penalty at the foot of section 27A(2) of the Principal Act substitute —
"Penalty: 25 penalty units.".