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RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION ACT 2008 - SECT 155A
Transfer of rental bond
155A Transfer of rental bond
(1) This section applies if a rental bond has been paid for a
residential tenancy agreement or rooming accommodation agreement.
(2) The
authority may, in the circumstances prescribed by regulation, transfer all or
part of the rental bond to another agreement (the
"new agreement" ).
(3) For section 111 , an amount of rental bond transferred
under this section is taken to be an amount paid by or for the tenant under
the new agreement.
(4) Without limiting subsection (2) , a regulation may
provide for the following matters— (a) any requirements relating to the
transfer of the rental bond that must be complied with for the transfer to
take effect, including, for example, the payment of fees;
(b) how a provision
of this Act relating to payment or refund of a rental bond applies in relation
to a rental bond transferred under this section;
(c) how a provision of this
Act relating to the making of claims against the rental bond applies in
relation to a rental bond transferred under this section.
(5) This section
and any regulation made under this section expire 2 years after this section
commences.
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