22BAnnual rents

#### 22B Annual rents 22B Annual rents > > (1) Subject to the regulations, the annual rent for a lease granted under section 21 or 22 is to be as determined from time to time by the Board. > > > (2) A new determination under this section with respect to a lease the subject of an existing determination takes effect— > > > > > (a) on the third anniversary of the date on which the existing determination took effect, or > > > > > (b) on such later date as may be specified in the new determination. > > > (3) Subsection (2) (b) does not permit a determination to specify a date that is earlier than the date on which the determination is made. > > > (4) The annual rent for a lease is payable in advance. > > **s 22B:** Ins 2004 No 12, Sch 1 \[13\].