Victorian Numbered Acts

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RESIDENTIAL TENANCIES AMENDMENT ACT 2018 (NO. 45 OF 2018) - SECT 23

Not more than 1 bond is payable in respect of continuous occupation

    (1)     In section 34(1) of the Principal Act—

        (a)     for "tenancy agreement" (wherever occurring) substitute "residential rental agreement";

        (b)     for "tenant" (where twice occurring) substitute "renter".

    (2)     For the penalty at the foot of section 34(1) of the Principal Act substitute

"Penalty:     60 penalty units.".

    (3)     For section 34(2) of the Principal Act substitute

    "(2)     An additional bond may be paid in the prescribed manner.

    (3)     This section does not apply to—

        (a)     a residential rental agreement for a fixed term of more than 5 years in the form referred to in section 26(1A)(b); or

        (b)     an additional bond payable in respect of a renter's obligation to restore any modification the renter has made to the rented premises under section 64.".



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