Residential Tenancies Act 1997

A tenant may make a bond release application to the Territory if—

the tenant has not received a bond release application form from the lessor under section 34 (Bond release application—lessor’s obligations); or

the tenant has received a bond release application form under section 34 and has not signed the form; or

if there are co-tenants—

at least 1 of the co-tenants has received a bond release application form from the lessor under section 34; and

the co-tenant making the application has signed the form; but

at least 1 co-tenant has not signed the form.

On receiving a bond release application from the tenant, the Territory must—

give written notice of the application (a notice of application) to the lessor and each co-tenant who has not signed the application (other than the applicant); and

if the Territory does not receive a notice disputing the application from a person mentioned in paragraph (a) within 2 weeks after the day the person was given the notice of application—pay out of the trust account in accordance with the application the amount claimed as bond in the application.

The amount paid out of the trust account must not exceed the amount of bond paid into the trust account in relation to the residential tenancy agreement.