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Amendment of section 7 of Principal Act.
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3.—(1) Section 7 of the Principal Act is hereby amended by the insertion of the following subsections before subsection (3):
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“(1A) This section applies to a controlled dwelling in respect of which evidence is forthcoming of both of the following facts:
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(a) that it was on the 8th day of June, 1966 (in this section referred to as the relevant date) held by an occupying tenant thereof under a contract of tenancy not being for more than a term of five years or under a statutory tenancy, and
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(b) the rent at which it was so held.
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(1B) The basic rent of a controlled dwelling to which this section applies shall be the net rent at which it was held on the relevant date.”
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(2) Section 7 (3) (a) of the Principal Act is hereby amended by the insertion after “(as the case may be)” of “appropriate by reference to the rates for the local financial year ending on the 31st day of March, 1966 ”.
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