Land Regulation 2020
sec.47How rent adjustment must be made
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sec.47 How rent adjustment must be made
This section applies if the rent for a tenure is adjusted under section 44 or 46 . If the rent is adjusted by $100 or less, the adjustment must be credited or debited to the account of the tenure holder, as applicable. If the rent is adjusted by more than $100, the adjustment must be paid to the department or credited to the account of the tenure holder, as applicable. s 47 amd 2024 Act No. 12 s 86 (sec.47-ssec.1) This section applies if the rent for a tenure is adjusted under section 44 or 46 . (sec.47-ssec.2) If the rent is adjusted by $100 or less, the adjustment must be credited or debited to the account of the tenure holder, as applicable. (sec.47-ssec.3) If the rent is adjusted by more than $100, the adjustment must be paid to the department or credited to the account of the tenure holder, as applicable.