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2008 Legislative Session: 4th Session, 38th Parliament

FIRST READING

The following electronic version is for informational purposes only.

The printed version remains the official version.

MR. SPENCER HERBERT

BILL M 228 – 2008

LONG TERM RENTERS PROTECTION ACT, 2008

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

This Bill amends

Part 3 of the Residential Tenancy Act to protect the homes of long term renters by removing the ability of the landlord to raise the rents of long term tenants based on the rent paid by other tenants in other units in the geographic area.

Section 43 of the Residential Tenancy Act, S.B.C., c. 78 is amended by adding the following subsection:

(4) A landlord may not apply for an additional rent increase under subsection (3) on the basis that the rent for the rental unit is significantly lower than the rent payable for other rental units that are similar to, and in the same geographic area as, the rental unit.

Explanatory Note

This Bill amends

Part 3 of the Residential Tenancy Act to protect the homes of long term renters by removing the ability of the landlord to raise the rents of long term tenants based on the rent paid by other tenants in other units in the geographic area.

Copyright (c) 2008: Queen’s Printer, Victoria, British Columbia, Canada