Refundable deposit register
150A Refundable deposit register
It is a condition of registration that a registered provider of a kind prescribed by the rules:
establish and maintain, in accordance with any requirements prescribed by the rules, a register (a refundable deposit register) that includes the information or records prescribed by the rules relating to refundable deposits, accommodation bonds or entry contributions paid to, or held by, the registered provider; and
do so in a manner consistent with the requirements in section 168.
Without limiting subsection (1), the rules may prescribe that information or records relating to the following be included in the refundable deposit register:
information relating to the payment of a refundable deposit, accommodation bond or entry contribution;
information relating to amounts deducted from a refundable deposit balance, accommodation bond balance or entry contribution balance;
information relating to refunds of a refundable deposit balance, accommodation bond balance or entry contribution balance.
This Act’s bill:Explanatory memorandumSecond reading speech
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