The rent freeze order on residential rents has been extended for another year.
Minister for Industry, Trade and Tourism, Faiyaz Koya said based on the advice received from the Fiji Commerce Commission, the freeze has been extended till 31st December, 2015.
Koya said his ministry has extended the Commerce (Rent Increase Restriction and Ground Rent) Order for another year to maintain a certain level of control which would ensure the fair treatment of tenants.
He added that Government also has an obligation to ensure that both the landlord and tenant are protected.
Koya said this year the Ministry for Industry, Trade and Tourism, the Fiji Commerce Commission and the Solicitor General’s Office will work towards developing a Residential Tenancy Law that will provide appropriate level of protection to tenants and also ensure that the interest of landlords are protected.
