sec.69CPark owner must nominate general increase day for eligible sites

### sec.69C Park owner must nominate general increase day for eligible sites The park owner must nominate the same day (the general increase day ) when the site rent payable under the site agreements for all eligible sites in the residential park will be increased on the same basis (the relevant basis ). A site is an eligible site for which the general increase day may be nominated if, under the terms of the site agreement for the site, the site rent may be increased on the relevant basis on or before the general increase day. Subsection (4) applies if the general increase day is nominated under subsection (1) for an eligible site and a general increase notice stating the general increase day (the stated increase day ) is given to the home owner for the site under section 69E . The next general increase day that may be nominated under subsection (1) for any eligible site in the residential park must be at least 1 year after the stated increase day. s 69C ins 2017 No. 42 s 33 (sec.69C-ssec.1) The park owner must nominate the same day (the general increase day ) when the site rent payable under the site agreements for all eligible sites in the residential park will be increased on the same basis (the relevant basis ). (sec.69C-ssec.2) A site is an eligible site for which the general increase day may be nominated if, under the terms of the site agreement for the site, the site rent may be increased on the relevant basis on or before the general increase day. (sec.69C-ssec.3) Subsection (4) applies if the general increase day is nominated under subsection (1) for an eligible site and a general increase notice stating the general increase day (the stated increase day ) is given to the home owner for the site under section 69E . (sec.69C-ssec.4) The next general increase day that may be nominated under subsection (1) for any eligible site in the residential park must be at least 1 year after the stated increase day.