s 35FA

Payment of bond by new co-tenant—consecutive tenancy agreement

In force

(1)

This section applies if—

(a)

a person (the new co-tenant) becomes a co-tenant under a consecutive tenancy agreement; and

(b)

a bond is held in relation to the residential tenancy agreement that terminates or is terminated; and

(c)

section 22 (3) applies to the bond in relation to the consecutive tenancy agreement.

(2)

The new co-tenant must, not more than 14 days after the day they become a co-tenant under the consecutive tenancy agreement—

(a)

pay to the other co-tenants the new co-tenant’s share of the bond under the agreement; and

(b)

notify the Territory that the new co-tenant has paid their share of the bond.

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