Section 15-186-45 - Interim rent adjustment(a) If applicable, the corporation may adjust a tenant's rent between reexamination if a tenant reports a change in family income.(b) Adjustments, reflecting a lower rent, shall be made effective on the first of the month following the month the report was made.(c) A tenant who has obtained a decrease in rent under this section, shall report all income increases which occur prior to the next reexamination and rent shall be readjusted accordingly. Any increase in rent shall be effective on the first day of the second month following the month in which the change occurred.(d) A tenant who fails to report any increase in income after obtaining a decrease in rent under this section shall be subject to a back rent charge retroactive to the month in which the rent increase should have been made.(e) Rent adjustment shall be made between reexaminations when a person with income is added to the family and the rent adjustment shall be effective on the first of the second month following the approved inclusion. [Eff DEC 01 2003] (Auth: HRS § 201G-4) (Imp: HRS §§ 201G-4, 201G-32)