(1) After the commencement of this Regulation, no tenant shall, except by entering into a supplementary agreement to the existing tenancy agreement,—
(a) sub-let whole or part of the premises held by him as a tenant; and
(b) transfer or assign his rights in the tenancy agreement or any part thereof.
(2) Where the premises is sub-let upon entering into a supplementary agreement to the existing tenancy agreement as referred to in sub-section (1), the landlord and tenant shall jointly submit such agreement to the Rent Authority in the form specified in the First Schedule within a period of two months from the date of such agreement.
(3) If the term of the agreement referred to in sub-section (1) exceeds eleven months, then such agreements shall be registered under the provisions of the Registration Act, 1908.
CHAPTER III RENT