The Fijian Competition and Consumer Commission has extended the rent freeze on residential and ground rent.
FCCC says this extension is based on their assessment of the FCCC (Rent Increase Restriction on Residential and Ground Rent) Order 2020 (Rent Freeze Order), which expired on 31st December 2021.
CEO, Joel Abraham says the extension means that from today, landlords must not charge rent – for letting or continued letting of any premises under residential tenancy, including ground rent – in excess of the rent applicable to the same premises in 2021.
Abraham says traditionally the objective of imposing rent controls was to counter inflation.
He adds however, rent controls in Fiji now serve broader functions, such as consumer protection and ensuring affordability of residential rental properties – especially in times where COVID-19 has impacted the livelihoods of so many.
Abraham further says in reviewing the tenant-landlord relationship, several factors were taken into account, including fragmented laws surrounding landlord and tenant relationships, the effects of the COVID-19 pandemic and socio-economical issues relating to landlords and tenants.
Abraham also acknowledged President Ratu Wiliame Katonivere’s remarks during his address at the opening of the 2021-2022 session of Parliament, where he mentioned the Landlord and Tenants Bill as being on the legislative agenda for 2022.
He says FCCC will be actively involved in discussions on this, and they will ensure that both landlord and tenants’ rights and responsibilities are given equal consideration.
Abraham adds this will ensure a balanced legislative framework coupled with enforcement that is present to protect both landlords and tenants.
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