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Not 100% aufait with Victoria but your notice is usually 60 days (+ postage) of the rent increase is sufficient, so your notice will apply in any case. Tenant has to give the full period of notice, so they can string out the lease to 1 yr & 28 days if they wish.

28 days notice can be given any time prior to the expiry of the lease ie they can give notice on the last day if they want to, same applies to you if you want to terminate the lease.