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(b) Rent Increases Regulated. No Landlord shall increase Rent for Covered Rental Units/Mobilehomes/Mobilehome Park spaces except as authorized by this Chapter. Rent increases shall be limited to those permitted by Section 8 (Rent Increases Pursuant to Annual General Adjustment) and Section 13 (Petition for Individual Rent Adjustment -Bases). To the extent permitted by Section 9 of this Chapter, a Landlord may set the initial Rent for a new tenancy (See section entitled initial Rents for New Tenancies). (c) Notice of the Existence of this Chapter Required at Commencement of Tenancy The Landlord of any Covered Rental Units/Mobilehomes/Mobilehome Park spaces is required to comply with the following notice requirements at the commencement of any Tenancy: (1) On or before the date of commencement of a Tenancy, the Landlord must give the Tenant/Mobilehomc Owner/Resident a written notice in a form prescribed by the Rent Board which must include the following information: (A) The existence and scope of this Chapter; and (B) The Tenant's/Mobilehome Owner's/Resident's right to Petition and organize against certain Rent increases. (2) The Landlord must give the initial notice to the Tenant/Mobilehome Owner/Resident in the language that the Landlord and Tenant/Resident/Mobilehome Owner used to negotiate the terms of the tenancy (i.e., English, Spanish, Chinese, Tagalog, Vietnamese, and Korean.) SECTION 8 RENT INCREASES PURSUANT TO ANNUAL RENT ADJUSTMENT Annual General Adjustment. No later than June 30th each year, beginning with the year 2022, the Rent Board shall announce the amount of the Annual General Adjustment, which shall be effective as of September Ist of that year. The Annual General Adjustment is the percentage by which the Rent for existing tenancies in Covered Rental Units may be increased each year, subject to the limitations of this Chapter. (1) The Annual General Adjustment shall be equal to eighty percent (80%) of the percentage increase in the Consumer Price Index (CPI) (All Items, All Urban Consumers for Los Angeles -Long Beach -Anaheim, California area, or any successor designation of that index that may later be adopted by the U.S. Bureau of Labor Statistics) as reported and published by the U.S. Department of Labor, Bureau of Labor Statistics, for the twelve-month period ending as of March of the current year. The Annual General Adjustment shall be rounded to the nearest one -quarter of a percent. The first Annual General Adjustment shall be in accordance with Subparagraph 6 of this section. (2) Rent Increases Generally. Floor and Ceiling. Subparagraph 1 of this subsection notwithstanding, a Landlord may impose an annual Rent increase for any Covered Rental Unit or Mobilehome, as allowed in this Section, only after 52