The object of this Bill is to reform the rent laws in order to establish social justice with the owners of leased tenements; in a phased manner it liberalises leases made before the 1st June, 1995, and also lays the foundations for a lease market which would function properly and thus provide a suitable alternative for adequate and affordable accommodation. The saving clause in the transitory provisions for requisitioned property is made subject to the government’s on-going policy aimed at phasing out as soon as possible all Requisition Orders.