S. 31(1) amended by Nos 67/2010 s. 94, 45/2018 s. 22(1)(2).
(1) Subject to this Act, a person must not demand or accept in relation to a residential rental agreement a bond the total of which exceeds—
S. 31(1)(a) amended by No. 45/2018 s. 22(1).
(a) the amount of rent payable under the residential rental agreement for one month, unless an order is in force under section 33; or
(b) the maximum amount of the bond determined under an order in force under section 33.
Penalty: 60 penalty units.
S. 31(2) repealed by No. 45/2018 s. 22(3).
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S. 31(3) amended by No. 45/2018 s. 22(4).
(3) Subsection (1) does not apply to a residential rental agreement if the weekly amount of rent payable under the agreement exceeds the prescribed amount.
S. 32 amended by No. 45/2018 s. 345(1).