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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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