(1)Except where the parties otherwise agree in their tenancy agreement, a landlord shall not increase rent at a rate of more than ten percent annually or such other percentage as may be prescribed by the Minister, by statutory instrument.

(2)A landlord shall give a tenant at least sixty days' notice, in the prescribed form, of a proposed increase in rent.

(3)A landlord under a fixed term tenancy shall not increase the rent before the term ends, unless the agreement provides for a rent increase within the fixed term.

(4)A landlord shall not increase the rent payable under a tenancy at intervals of less than twelve months.

(5)An increase of rent is invalid if it contravenes this section.