1954. Where the court fixes the rent on the application of a new lessee, it does so for the term of the lease.
Where the term of the lease exceeds 12 months, the lessor may nevertheless have the rent fixed annually. The application must be made not later than three months before the expiry of each period of 12 months from the date on which the fixed rent took effect.
1991, c. 64, a. 1954; I.N. 2014-05-01.