Regulation 11 Amendments to the Principal Regulations

in paragraph (2) for the words “as he shall reasonably require.” there shall be substituted the words “as he or they may reasonably require.”;

for sub-paragraph (3)(d) there shall be substituted the following sub-paragraphs:—

“(d)

that inflation is constant at 0% and

(e)

that the rent in respect of a subsisting tenancy mentioned in sub-paragraph (a) of any dwelling occupied as such at the date of transfer:—

(i)

for the period ending immediately before the first anniversary of the relevant date after the transfer will not exceed that charged by the Board at the date of transfer; and

(ii)

thereafter would increase (if at all) on each anniversary of the relevant date by an amount not exceeding 4%.”; and

in paragraphs (4) and (5) for the words “paragraph (3)(d)” where they occur in each of the paragraphs, there shall be substituted the words “paragraph (3)(e)”.