Queensland Consolidated Acts

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RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION ACT 2008 - SECT 111

Meaning of rental bond

111 Meaning of rental bond

(1) A
"rental bond" , for an agreement, is an amount—
(a) paid by or for the tenant under the agreement; and
(b) intended to be available for the financial protection of the lessor against the tenant breaching the agreement.
(2) However, a
"rental bond" does not include rent paid in advance.
(3) In deciding whether an amount is a rental bond, it does not matter—
(a) when the amount is paid; or
(b) if the amount is paid directly to the authority; or
(c) to or by whom the amount is paid; or
(d) how the amount is described in the agreement or arrangement about the payment of the amount.
(4) A
"rental bond" includes a part of a rental bond.



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