CTHRepealedAct
Australian Capital Territory Taxation (Administration) Act 1969
49Increase in rent by instrument
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49 Increase in rent by instrument
Where an instrument provides for an increase in the rent that has been reserved by a lease granted after the commencement of this Act (whether or not that lease is in writing), the instrument shall, for the purposes of this Act, be treated as a lease granted for a consideration equal to the amount of the additional rent provided by the instrument for the remaining term of the lease.