s. 405 Division 2—Payment of bonds to Residential Tenancies Bond Authority 405 Bond lodgement form (1) A landlord who receives a bond from a tenant S. 405(1) amended by must at the time the bond is paid— No. 67/2010 s. 149. (a) complete and sign a bond lodgment form containing the prescribed information; and (b) give the form to the tenant to sign. Penalty: 10 penalty units. S. 405(2) (2) If the Director of Housing or an agent of the amended by Director of Housing has paid an amount of bond No. 93/2003 s. 5. on behalf of the tenant, the bond lodgment form must state that fact. (3) The tenant must sign the completed bond lodgment form on payment of the bond. (4) On the signing by the tenant of the bond lodgment S. 405(4) amended by form, the landlord must give a copy of that form Nos 45/2002 to the tenant. s. 70(1), 67/2010 s. 149. Penalty: 10 penalty units. S. 406 406 Duty to pay bond to Authority 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—
Division 2—Payment of bonds to Residential Tenancies Bond Authority s. 405 405 Bond lodgement form S. 405(1) amended by No. 67/2010 s. 149. (1) A landlord who receives a bond from a tenant must at the time the bond is paid— (a) complete and sign a bond lodgment form containing the prescribed information; and (b) give the form to the tenant to sign. Penalty: 10 penalty units. S. 405(2) amended by No. 93/2003 s. 5. (2) If the Director of Housing or an agent of the Director of Housing has paid an amount of bond on behalf of the tenant, the bond lodgment form must state that fact. (3) The tenant must sign the completed bond lodgment form on payment of the bond. S. 405(4) amended by Nos 45/2002 s. 70(1), 67/2010 s. 149. (4) On the signing by the tenant of the bond lodgment form, the landlord must give a copy of that form to the tenant. Penalty: 10 penalty units. 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—
97-109a063.docx