Amendment status not verified — confirm the current text below against the official source.
(1) Thc lair rent may be rcviscd only ir therc has been an RcvisionoF increasc or decrease in rhe markct value OF the nremises. lair rcnr. The West Ber~gaI Preaises Tenatlcy Act, 1956. [West Ben. Act (2) Such revision shdl be made on applicalion made to thc Coflvollcr cifhcr by [he landlord or by he tenant, in [he prescribed manncr: Provided hat no such application shall bc entertained until ailer the expiry of a period of fivc years from rhc datc on which renl was lasl fixed or from the commcnccmcnt of rhjs Act. as he case may be: Provided furlher thar rn respec[ of any prcrniscs which havc been consuvcted alter thc comrncnccmcnt of this Act Ihc rent shall no[ be revised un ti1 nlrcr thc expiry oicighi ycars from the date of comniencement of [his Act; and whcn is rcviscd after such period [he revised rent shall not be lcss Ihan thc renl as calcula~ed in accordance with [he provisions of clause (d) of sub-seclion (I) of section 8. (3) Thc rcnt of hc premiws payable for a year shall not be increzcd or decreased by revision by more than 2; per cent, per annum or the difference between thc market value of the premises on the datc of rhc applicalion under sub-section (2) and thc datc of he Iast fixation or ~ h c rent or the cornmencemcnl of this ACI, iu thc casc may bc. \xihen lair