# Housing Act 1980, Section 79: Meaning of “ premium” in Part IX of Rent Act 1977.


In section 128 of the 1977 Act (interpretation of Part IX, which prohibits premiums etc.) for the definition of “ premium”, in subsection (1), there is substituted the following definition—
““premium” includes—
(a) any fine or other like sum ;
(b) any other pecuniary consideration in addition to rent ; and
(c) any sum paid by way of a deposit, other than one which does not exceed one-sixth of the annual rent and is reasonable in relation to the potential liability in respect of which it is paid.”

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Source: https://www.legislation.gov.uk/ukpga/1980/51/section/79 (the official version)
Page: https://openlegislation.uk/housing-act-1980/section-79
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.