(1)  The owner of residential premises –

(a) must not advertise the premises for rent, or offer the premises for rent, at a price that is not a fixed price; and

(b) must not invite a prospective tenant to make an offer to become a tenant of the premises at a price higher than a fixed price advertised or offered by the owner.

Penalty:  Fine not exceeding 50 penalty units.

(2)  For the purposes of this section –

(a) rent specified in an advertisement, or offer, is not a fixed price for rent unless it is a definite single amount specified for the rent in the advertisement or offer; and

(b) rent specified in an advertisement, or offer, is not a fixed price for rent if the advertisement or offer is to the effect that the rent is to be determined in the future between the parties as –

(i) any amount within a range of prices for the rent mentioned in the advertisement or offer; or

(ii) an amount that is to be above a minimum amount specified in the advertisement or offer.