Amendment status not verified — confirm the current text below against the official source.
(1\ After the commencement of this Act, no tenant shall, except by entering into a supplementary agreement to the existing tenancy agreement, (a) sublet whole or part of the premises held by him as a tenant; (b) transfer or assign his rights in the tenancy agreement or any part thereof. Every tenant shall pay rent and other charges payabie within such period as agreed to in the tenancy agreement. Every landlord or his property manager shall, on receipt of payment towards rent and other charges payable within the stipulated period as in the tenancy agreement from the tenant, provide forthwith against acknowledgement, a duly signed recelpt for the amount received by him; Provided that where the payment of rent or other charges is made by the tenant to the landlord through the electronic mode, the bank acknowledgment thereof shall be conclusive proof of such payment. Where the landlord refuses to accept any rentand othercharges payable or refuses to give a receipt, the rent and other charges shall be paid to the landlord by postal money order or any other method, in such manner as may be prescribed, consecutively for two months, and if the landlord refuses to accept the rent and other charges within such period, then the tenant may deposit the same with the RentAuthority in such manner as may be prescribed, Restriction on subletting. Rent payable Revision of rent. Rent Authority to determine the revised rent in case of dispute. Security deposit. Original tenancy agreement to be retained by landlord and tenant. Rentand other charges payable and receipt for payment thereot Deposit of rent with Rent Authority. (2) Where the premises is sub-let upon entering into a supplementary agreement to the existing tenancy agreement as referred to in sub-section ('l), the landlord and tenant shalljointly inform the RentAuthority about the sub-tenancy within a period of two months from the date of execution of such agreement in the Form specified in the First Schedule. CHAPTER. III RENT