(1) A lessor shall
keep, or cause to be kept, a record in accordance with subsection (2A) showing
the rent received in respect of the premises.
Penalty for this subsection: a fine of $5 000.
(2A) The record should
specify all of the following —
(a) the
fact that the payment is for rent;
(b) the
date the rent is received;
(c) the
name of the person paying the rent;
(d) the
amount paid;
(e) the
period in respect of which it is paid;
(f) the
premises in respect of which it is paid.
(2) No person shall
make in any record referred to in subsection (1) any entry that the person
knows is false or misleading in a material particular.
Penalty for this subsection: a fine of $5 000.
[Section 34 amended: No. 59 of 1995 s. 55; No. 60
of 2011 s. 33 and 89; No. 3 of 2019 s. 25.]