Rent agreement

Note: As per Rent agreement:- 14) Lease rent will be Rs.51000/-(Fifty one thousand Only) for the first year and for the second year, it will be Rs.55,000/-(Fifty-five Thousand Only) and thereafter in accordance to paragraph 15 15)That this lease shall be governed by the prevalent Rent Control Act's provisions and the rate of lease shall continue to increase as per Rules, Regulations and Provisions thereof from time to time, which is 5%(FIVE) percent per annum. commencement of the lease shall be treated since 1st may 2009 for the period of Five years. please Interpret the above para. and clarify my doubt.