Islamabad: A joint session of parliament on Wednesday (Nov 17) passed the Rent Restriction Amendment Bill, along with five other bills for the Islamabad Capital Territory (ICT), news sources reported.
The bills include Food Safety Bill, University of Islamabad Bill, The National Vocational and Technical Training Commission (Amendment) Bill 2021, The National College of Arts Institute Bill 2021, Pakistan Academy of Letters Bills 2013, and Muslim Family Laws Amendment Bill.
According to the report, Special Assistant to the Prime Minister (SAPM) on Capital Development Authority Affairs Ali Nawaz Awan, stated that the passing of the Rent Restriction Bill will minimise litigation issues and protect the rights of tenants and landlords. The following provisions have been added to the bill:
• Every agreement between landlord and tenant shall be presented before the controller for record-keeping.
• Any payments made in connection with the tenancy agreement must be made in the form of cross-checks or with an official receipt/acknowledgement.
• Unless the parties object in writing, the rent of residential and non-residential buildings will be automatically increased by 10% each year.
Read: NA passes ‘Islamabad Real Estate (Regulation & Development), Rent Restriction Bills 2020’
• There will be a mediation council for conflict settlement, presided over by the president of the Islamabad Chamber of Commerce (ICCI) or his nomination as convener.
• Before continuing with a case, the controller would recommend it to the Mediation Council. In the absence of a settlement, the controller will proceed with the case.
• In the event of a settlement, the order issued by the controller, in compliance with the judgement of the Mediation Council, will be deemed final