Schedule 1 | Permitted Payments | Renting Homes Fees Etc Wales Act 2019 Anaw2

SCHEDULE 1 Permitted Payments

Renting Homes (Fees etc) (Wales) Act 2019 (2019 anaw 2) | Legislation

SCHEDULE 1 Permitted Payments

(as introduced by section 4)

Rent

(1) A payment of rent under a standard occupation contract is a permitted payment.

(2) But, subject as follows, if the amount of rent payable in respect of a relevant period (“P1”) is more than the amount of rent payable in respect of another relevant period (“P2”), the additional amount payable in respect of P1 is a prohibited payment.

(3) Where there is more than one relevant period other than P1, P2 is whichever one of those other relevant periods is the period in respect of which the lowest amount of rent is payable.

(4) In a case where the duration of one relevant period (P1) differs from that of another (P2), to determine—

(a) whether a prohibited payment has been made by virtue of sub-paragraph (2), and

(b) if so, the amount of the prohibited payment,

the following steps are to be taken.

Step 1
For each of P1 and P2, the applicable daily rate of rent (the “ADR”) is to be calculated (and in the case of an amount that is not a whole number of pennies, then rounded up to the nearest penny)