Talk:Care Services (Meaning)

From Riverview Legal Group

O. Reg. 516/06: GENERAL (under Residential Tenancies Act, 2006, S.O. 2006, c. 17)[1]

12. (1) The rules set out in this section apply in calculating lawful rent under subsection 111 (3) of the Act. O. Reg. 516/06, s. 12 (1).

(2) The lawful rent for any rental period in the 12-month period shall be calculated in the following manner:
1. Add the sum of the rents that are actually charged or to be charged in each of the rental periods in the 12-month period to the largest eligible discount determined under subsection (6).
2. Divide the amount determined under paragraph 1 by the number of rental periods in the 12-month period.
3. Add to the amount determined under paragraph 2 any rent increases under section 123 of the Act and subtract from that amount any rent decreases under section 125 of the Act. O. Reg. 516/06, s. 12 (2).


[1]

References

  1. 1.0 1.1 O. Reg. 516/06: GENERAL under Residential Tenancies Act, 2006, S.O. 2006, c. 17, <https://www.ontario.ca/laws/regulation/060516#BK2>. retrieved 2024-09-27