(1AA) In this section —
pet does not include an assistance dog as defined
in the Dog Act 1976 section 8(1).
(1) A park operator
must not require or receive payment of more than one security bond in respect
of a long-stay agreement.
Penalty for this subsection: a fine of $5 000.
(1A) However,
subsection (1) does not prevent a park operator from receiving a security bond
in instalments.
(2) A park operator
must not require or receive payment of a security bond if the amount of the
bond is more than the sum of —
(a) 4
weeks’ rent; and
(b) if
the long-stay tenant is permitted to keep a pet capable of carrying parasites
that can affect humans at the agreed premises — a prescribed amount to
meet the cost of fumigating the premises at the end of the tenancy, if
necessary.
[(c) deleted]
Penalty for this subsection: a fine of $5 000.
(3) When a long-stay
tenant pays a security bond, the park operator must give the long-stay tenant
a receipt that specifies —
(a) the
amount paid; and
(b) the
date on which it is paid; and
(c) if a
pet bond is paid — the amount of the pet bond; and
(d) the
name of the tenant; and
(e)
particulars of the agreed premises for which it is paid.
Penalty for this subsection: a fine of $20 000.
(4) Nothing in
subsection (1) prevents the park operator from requiring further payment from
a remaining long-stay tenant towards the security bond in order to cover the
disposal of a former long-stay tenant’s portion of the security bond
under section 74C(3).
[Section 21 amended: No. 3 of 2019 s. 27 and 39;
No. 28 of 2020 s. 21.]