Rent Restrictions (Amendment) Act, 1949

SCHEDULE.

Section 2 .

Amount in excess of two-thirds of basic rent expended in any period of two years

Lawful addition

Not more than £100

A sum equal to 15% per annum of excess.

More than £100 but not more than £200.

A sum equal to—

15% per annum on the first £100 of excess, and

8% per annum on the remainder.

More than £200

A sum equal to—

15% per annum on the first £100 of excess, and

8% per annum on the second £100, and

6% per annum on the remainder.