Power
to exempt,

Refund of
increases
already
peid.

Commencement.

3. (1) The Lieutenant-Governor in Council, in his discretion, may order
that section 2 does not apply, or does not apply subject to such terms and
conditions as the Liet:tenant-Governor in Council may specify, to residential
premises situated within such part of the Province as the Lieutenant-Governor
in Council may specify.

(2) Upon application by the council of a municipality other than a
regional district, and upon being satisfied that it is unreasonable to require
that section 2 be applicable to residential premises situated within the
municipality, the Lieutenant-Governor in Council may order that section 2
does not apply, or does not apply subject to such terms and conditions as the
Lievtenant-Governor in Council may specify, to residential premises situated
within that municipality.

(3) Upon application by the council of a regional district, and upon being
satisfied that it is unreasonable to: require that section 2 be applicable to
residential premises situated within that part of the regional district not
within a municipality, the Lieutenant-Governor in Council may order that
section 2 does not apply, or does not apply subject to such terms and
conditions as the Lieutenant-Governor in Council may specify, to residential
premises situated within that part of the regional district not within a
municipality.

4. Where a tenant, during the period from the first day of January, 1974
to the date this Act receives Royal Assent, has paid to a landlord an amount
of rent for residential premises that exceeds the amount of rent permitted to
be paid under section 2, the landlord to whom the rent was paid shall,
forthwith after the date this Act receives Royal Assent, pay the amount of
the excess to the tenant.

5. This Act shall be deemed to have come into force on the first day of
January, 1974, and is retroactive to the extent necessary to give full force and
effect to its provisions on, from and after that date.

Printed by K. M. Mac Donato, Printer to te Quecn’s Most Esvellent Majesty
in right of the Province of British Colunibia.
1974

EXPLANATORY NOTES

_ The purpose of this Bill is to enact the Residential Premises Interim Rent Stabilisation
‘Act. The Act is intended as an interim measure to stabilize rents until the new Landlord
and Tenant Act comes ‘nto force.

(This Statement is submitted by the Legislative Counsel
and is not part of the lepistation.)