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RESIDENTIAL TENANCIES AMENDMENT ACT 2011 (NO. 60 OF 2011) - SECT 87

87 .         Schedule 1 amended

        (1)         Delete the heading to Schedule 1 and the reference after it and insert:


Schedule 1 -- Provisions relating to holding and disposal of bonds and income from bonds

[s. 3, 7(3), 12, 29(4), (7), (8), 59D(6), 79(5), (6), (11) and 80A(8)]


        (2)         Delete the heading to Schedule 1 Part A and insert:


Division 1 — General

        (3)         In Schedule 1 clause 1 delete the definitions of:

authorised financial institution

bond administrator

        (4)         In Schedule 1 clause 1 in the definition of authorised agent :

            (a)         delete “his” and insert:


                the bond administrator’s


            (b)         delete “ Gazette ;” and insert:


                Gazette .


        (5)         Delete Schedule 1 clause 2.

        (6)         In Schedule 1 clause 3(2):

            (a)         delete “Account —” and insert:


                Account all of the following —


            (b)         delete paragraphs (a) and (aa) and insert:


            (a)         all moneys received under section 29(4)(b);

            (ba)         all moneys received pursuant to a court order under section 59D(2);

            (bb)         interest payable to the fund under section 94(2)(b);

            (bc)         amounts payable to the fund under the Residential Parks (Long-stay Tenants) Act 2006 sections 75(3) and 92(b);

            (bd)         amounts payable to the fund under the Residential Parks (Long-stay Tenants) Act 2006 section 94(a);


            (c)         in paragraph (b) delete “Treasurer; and” and insert:


                Treasurer;


        (7)         In Schedule 1 clause 3(3):

            (a)         after “The” insert:


                interest referred to in subclause (2)(bb), the amounts referred to subclause (2)(bc), the


            (b)         in paragraph (a) delete “ section 79(5) or (6);” and insert:


                section 79(5) or (6) or 80A(8); and


            (c)         in paragraph (ab) delete “bond agents” and insert:


                authorised agents


            (d)         in paragraph (b)(ii) delete “his” and insert:


                the bond administrator’s


            (e)         in paragraph (c) delete “subclause (5).” and insert:


                subclause (5); and


            (f)         after paragraph (c) insert:


            (d)         in funding any not-for-profit body, one of the main functions of which is the delivery of free or substantially subsidised legal services to tenants and that is approved by the Minister for the purposes of this paragraph.


            (g)         after each of paragraphs  (aa) and (ab) insert:


                and


        (8)         In Schedule 1 clause 3(4):

            (a)         in paragraph (a) delete “Department” and insert:


                Magistrates Court (Civil Proceedings) Act 2004


            (b)         in paragraph (b) delete “the Consolidated Account.” and insert:


                an operating account of the Department and the department principally assisting in the administration of the Magistrates Court (Civil Proceedings) Act 2004 respectively.


        (9)         In Schedule 1 clause 3(5):

            (a)         delete “Account he may” and insert:


                Account the Treasurer may, after consulting the Minister,


            (b)         delete “for the purpose of public housing in such manner as he may specify.” and insert:


                by the Housing Authority as defined in section 71A for the purpose of social housing premises in such manner as the Treasurer might specify.


        (10)         In Schedule 1 clause 4:

            (a)         in paragraph (a) delete “Rental Accommodation Account established under clause 3; and” and insert:


                Rental Accommodation Account; and


            (b)         in paragraph (b) delete “him” and insert:


                the bond administrator


            (c)         in paragraph (b) delete “clause 2(1)(a) —” and insert:


                section 29(4)(b) —


            (d)         in paragraph (b)(ii) delete “clause 5.” and insert:


                clause 5;


            (e)         after paragraph (b) insert:


            (c)         in relation to the amount of a tenant compensation bond paid to the bond administrator under section 59D(2) —

                  (i)         show in such records the name and address of the lessor and the tenant in respect of whom, and any residential premises in respect of which, the bond was paid; and

                  (ii)         pay out the amount of the bond in accordance with Division 3.


            (f)         after paragraph (b) insert:


                and


        (11)         Delete the heading to Schedule 1 Part B and insert:


Division 2 — Security bonds

        (12)         Before Schedule 1 clause 5 insert:


5A.         Security bond moneys to be paid to bond administrator

        (1)         The payment of an amount under section 29(4)(b) must be made as soon as practicable, and in any event within 14 days, after the person’s receipt of the bond.

        (2)         The payment may be made either directly, including by electronic means, or by lodging the amount with an authorised agent of the bond administrator.


        (13)         In Schedule 1 clause 5(1):

            (a)         in paragraph (a)(i) before “bond relates” insert:


                security


            (b)         in paragraph (a)(ii) delete “his” and insert:


                the bond administrator’s


            (c)         before “bond,” insert:


                security


        (14)         In Schedule 1 clause 5(3):

            (a)         delete “party” (each occurrence) and insert:


                tenant


            (b)         delete “his” and insert:


                the tenant’s


        (15)         In Schedule 1 clause 5(4):

            (a)         after “If” insert:


                the bond administrator is satisfied that


            (b)         before “bond has” insert:


                security


            (c)         delete “bond shall” and insert:


                amount of the bond or any remaining portion of that amount must


        (16)         Delete Schedule 1 Part C.

        (17)         Delete the heading to Schedule 1 Part D.

        (18)         In Schedule 1 clause 8(3):

            (a)         delete “him” and insert:


                the party


            (b)         delete “he” and insert:


                the party


        (19)         In Schedule 1 clause 8(4):

            (a)         in paragraph (b) after “that notice,” insert:


                or such longer period as the court hearing the application thinks fit,


            (b)         in paragraph (b) delete “he” and insert:


                the party


            (c)         delete “a competent court” and insert:


                the court


        (20)         In Schedule 1 clause 8(5) delete “he” and insert:


                the party


        (21)         In Schedule 1 clause 8(7)(b) delete “he” and insert:


                the tenant


        (22)         In Schedule 1 clause 8(9) delete “or 7(4)”.

        (23)         At the end of Schedule 1 insert:


Division 3 — Tenant compensation bonds

9.         Application of Division

                This Division applies where the bond administrator has been paid a tenant compensation bond in accordance with an order under section 59D(2).

10.         Disposal of tenant compensation bond to tenant by bond administrator

        (1)         The bond administrator must on receipt of —

            (a)         an application in a form approved by the Minister —

                  (i)         signed by a tenant to a residential tenancy agreement to which the tenant compensation bond relates; and

                  (ii)         lodged, including lodged by facsimile or electronic means, with the bond administrator or the bond administrator’s authorised agent;

                and

            (b)         a copy of an order —

                  (i)         made under section 15(2)(b) in relation to a failure by a lessor to compensate a tenant for reasonable expenses incurred by the tenant in arranging for urgent repairs to be carried out in accordance with section 43; and

                  (ii)         subsequent to the order under section 59D(2),

                pay the amount of the tenant compensation bond, or where subclause (2) applies part of that amount, in accordance with the application.

        (2)         An application under subclause (1)(a) may relate to part of the amount of a tenant compensation bond.

        (3)         If a tenant is deceased, the signature of the tenant’s executor or administrator to an application is sufficient for the purposes of subclause (1)(a), and if a tenant is represented by a manager or administrator under any written law, the signature of the manager or administrator is sufficient for such purposes.

        (4)         A payment under subclause (1) is to be taken to be a payment by the lessor in satisfaction, or part satisfaction as the case may be, of the order referred to in subclause (1)(b).

11.         Disposal of tenant compensation bond to lessor by bond administrator

                The bond administrator must on receipt of —

            (a)         an application in a form approved by the Minister —

                  (i)         signed by the lessor to whom the tenant compensation bond relates; and

                  (ii)         lodged, including lodged by facsimile or electronic means, with the bond administrator or the bond administrator’s authorised agent;

                and

            (b)         a copy of an order made under section 59D(5),

                pay the amount of the tenant compensation bond, or part of that amount, ordered by the court in accordance with the application.


        Note:         The heading to amended Schedule 1 clause 8 is to read:

                Court may determine disposal of security bond



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