46Reductions in rent by agreement

46 Reductions in rent by agreement (1) The rent payable under a tenancy agreement may be reduced: (a) under a provision of a tenancy agreement under which the rent payable changes automatically at stated intervals on a basis set out in the agreement; or (b) by mutual agreement between the tenant and the landlord. (2) A reduction of rent may be made on a temporary basis so that, at the end of a specified period, the rent reverts to the level that the rent would have been before the temporary reduction. (3) If the rent payable under a tenancy agreement is reduced by mutual agreement between the tenant and the landlord, the terms of the agreement are varied accordingly.