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BGB 247*). 1 The basic rate of interest is 3.62%.** ) It changes on 1 January and 1 July each year by the percentage points by which the reference rate has risen or fallen since the last change in the basic rate of interest . The reference rate is the rate of interest for the most recent main refinancing operation of the European Central Bank before the first calendar day of the relevant six-month period .
BGB 558. 1 The lessor may demand approval of an increase in rent up to the reference rent customary in the locality if , at the time when the increase is to occur , the rent has remained unchanged for fifteen months . The demand for a rent increase may be made at the earliest one year after the most recent rent increase . Increases under sections 559 to 560 are not taken into account .
BGB 593. 2 An amendment may be demanded at the earliest two years after the commencement of the lease or after the most recent amendment of the performance under the lease has become effective . This does not apply if devastating natural events against which insurance coverage is not customary have fundamentally and permanently changed the ratio of the acts of performance under the lease .