The submission of a rent increase application for any given fiscal year shall not preclude any sponsor from making additional or revised rent increase applications in the same fiscal year, provided that they are submitted in accordance with all the procedures set forth in this subchapter. Rent increases implemented pursuant to 5:80-9.4(c), however, shall not be implemented more than once in any given fiscal year.
N.J. Admin. Code § 5:80-9.5
See: 22 New Jersey Register 2389(b), 23 New Jersey Register 2055(a).
Amended by R.2003 d.128, effective 3/17/2003.
See: 34 New Jersey Register 3153(a), 35 New Jersey Register 1409(c).
Added the last sentence.