s. 406 406 Duty to pay bond to Authority S. 406 amended by Nos 45/2002 If a landlord receives a bond from a tenant, the s. 70(2), landlord must, within 10 business days after the 67/2010 s. 150. bond is received, give the amount of the bond to the Authority together with the completed bond lodgment form. Penalty: 60 penalty units. 407 Receipt for bond (1) The Authority, within 7 days after receiving an amount of the bond from a landlord, must give a receipt containing the prescribed information to— (a) the landlord; and (b) the tenant who paid the bond; and (c) if an amount of bond was paid on behalf of S. 407(1)(c) amended by the tenant by the Director of Housing or an No. 93/2003 agent of the Director of Housing, the s. 6. Director of Housing. (2) The receipt may be given in the manner determined by the Authority. 408 Bond held on trust A landlord who receives a bond from a tenant holds the bond on trust for the tenant until the bond is paid to the Authority. 409 What if the landlord is late in lodging the bond? (1) A tenant may notify the Authority if the tenant S. 409(1) amended by does not receive a receipt from the Authority No. 45/2002 within 15 business days after giving the amount of s. 71. bond to the landlord. (2) If the landlord gives an amount of bond to the Authority after the tenant notifies the Authority
S. 406 amended by Nos 45/2002 s. 70(2), 67/2010 s. 150. 406 Duty to pay bond to Authority If a landlord receives a bond from a tenant, the landlord must, within 10 business days after the bond is received, give the amount of the bond to the Authority together with the completed bond lodgment form. Penalty: 60 penalty units. 407 Receipt for bond (1) The Authority, within 7 days after receiving an amount of the bond from a landlord, must give a receipt containing the prescribed information to— (a) the landlord; and (b) the tenant who paid the bond; and S. 407(1)(c) amended by No. 93/2003 s. 6. (c) if an amount of bond was paid on behalf of the tenant by the Director of Housing or an agent of the Director of Housing, the Director of Housing. (2) The receipt may be given in the manner determined by the Authority. 408 Bond held on trust s. 406 A landlord who receives a bond from a tenant holds the bond on trust for the tenant until the bond is paid to the Authority. 409 What if the landlord is late in lodging the bond? S. 409(1) amended by No. 45/2002 s. 71. (1) A tenant may notify the Authority if the tenant does not receive a receipt from the Authority within 15 business days after giving the amount of bond to the landlord. (2) If the landlord gives an amount of bond to the Authority after the tenant notifies the Authority
97-109a066.docx