Increase of Rent and Mortgage Interest (Restrictions) Act, 1923

Restriction on increasing rent and mortgage interest.

12.—Subject to the provisions of this Act, if an increased rent or an increased rate of interest exceeds by more than the amount permitted under this Act the standard rent or the standard rate of interest, the amount of such excess shall, notwithstanding any agreement to the contrary be irrecoverable from the tenant or the mortgagor, as the case may be.