Queensland Consolidated Acts

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MANUFACTURED HOMES (RESIDENTIAL PARKS) ACT 2003 - SECT 69B

Restrictions on increasing site rent under site agreement

69B Restrictions on increasing site rent under site agreement

(1) The park owner must not work out an increase in the site rent using more than 1 basis at one time.
Example—
A site agreement provides for increases in site rent on the bases of an increase in the CPI number and market review of site rent. An increase in site rent under the agreement based on a market review of site rent could not include an increase in the CPI number even though provided for in the agreement.
(2) If the site rent has been increased under this division, the park owner must not increase the site rent under this division on any basis provided for in the site agreement within 1 year (the
"site rent year" ) after the day the site rent was last increased under this division.
Note—
See also section 182 .
(3) For subsection (2) , site rent is taken to be increased on the first day the site rent is payable at an increased rate.
(4) To remove any doubt, it is declared that subsection (2) applies in relation to the site agreement for the site rent year even if the home owner became a party to the agreement in that year.



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