Following abandonment or early vacation of residential premises, a tenant is liable to the owner for –

(a) rent payable under the residential tenancy agreement from the date of the abandonment or early vacation of the premises until –

(i) the date on which another residential tenancy agreement is entered into; or

(ii) the date at which the residential tenancy agreement for those premises could have been terminated under this Act, if another residential tenancy agreement is not entered into before that date; and

(b) any other loss arising from the abandonment or early vacation.