22Provisions restricting rent increases or termination of commercial tenancies

22 Provisions restricting rent increases or termination of commercial tenancies

(1)  In this section –

emergency period has the same meaning as in the Residential Tenancy Act 1997 as amended by this Act.

(2)  The Minister may, by notice, declare that, despite any provision of a lease, a lease that is within a class of leases specified in the notice must not, within the emergency period, be terminated, and the rent payable under the lease may not be increased, in the circumstances set out in the notice.

(3)  A termination of a lease, or an increase in rent in relation to a lease, to which a notice under subsection (2) applies is void and of no effect if it is in contravention of the notice.