# Renting Homes (Wales) Act 2016, Section 124: Variation of other consideration


(1) Where consideration other than rent is payable under a periodic standard contract, the amount of consideration may be varied—
(a) by agreement between the landlord and the contract-holder, or
(b) by the landlord in accordance with subsections (2) to (4).
(2) The landlord may give the contract-holder a notice setting out a new amount of consideration to take effect on the date specified in the notice.
(3) The period between the day on which the notice is given to the contract-holder and the specified date may not be less than two months.
(4) Subject to that—
(a) the first notice may specify any date, and
(b) subsequent notices must specify a date which is not less than one year after the last date on which a new amount of consideration took effect.
(5) This section is a fundamental provision which is incorporated as a term of all periodic standard contracts under which consideration other than rent is payable.

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Source: https://www.legislation.gov.uk/anaw/2016/1/section/124 (the official version)
Page: https://openlegislation.uk/renting-homes-wales-act-2016/section-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.