(a) Rules of tenancy should be established by the housing company to provide reasonable control over tenant or cooperator actions which might infringe on rights of other tenants or cooperators to peaceful possession of their apartments or tend to impair residential character of housing development.

(b) No such rule may become effective until it has been approved by the division. All such rules shall be submitted to the division for review and approval. If the division does not approve or reject such rule either 90 days after full and proper submission of the rule or submission of any further document or information requested by the division, whichever is later, the housing company may implement such rule until it receives a division determination to the contrary. When any rule has been approved in writing by the division or 90 days has elapsed without a division determination such written notice shall be included in any subsequent lease or occupancy agreement with the cooperator or tenant, and is not effective as to such cooperator or tenant until it actually appears in a lease or occupancy agreement with said tenant or cooperator.