Explanatory note
(This note is not part of the Order)
Section 58 of the Rent (Scotland) Act 1984 provides for the phasing of the progression to a registered rent for certain housing association rents. The phasing is dependent upon the rent limits for each stage provided for under section 58(2). Section 58(7) provides that the Secretary of State may make an order varying or repealing any of the rent limit provisions in subsection (2).
Article 2 of the Order inserts in subsection (2) new paragraphs (a) and (b) so that in the first year after registration the rent limit will be the existing rent plus the greatest of—
£104; or
one-quarter of the existing rent; or
one-half of the difference between the existing rent and the amount of the registered rent.
However, the rent cannot at any time be increased beyond the registered rent.
The Order also contains transitional provisions.