Bond lodgment form—renter pays bond to Authority
405A Bond lodgment form—renter pays bond to Authority
S. 405A inserted by No. 36/2026 s. 76.
A renter, by written notice given to the residential rental provider, may elect to pay an amount of bond directly to the Authority.
Note
Section 506(1)(da) provides that a notice to be served on or given to a person under this Act may be served or given by electronic communication in accordance with the Electronic Transactions (Victoria) Act 2000.
A residential rental provider who is given notice by a renter under subsection (1) must—
complete and sign a bond lodgment form in the form approved by the Authority for the type of bond being lodged; and
give the form to the renter to sign.
Penalty: 25 penalty units in the case of a natural person;
125 penalty units in the case of a body corporate.
The renter must—
sign the bond lodgment form; and
return the form to the residential rental provider.
The residential rental provider must give—
the completed bond lodgment form signed by the residential rental provider and the renter to the Authority; and
a copy of that form to the renter.
Upon receiving a completed bond lodgment form, the Authority must request the renter to pay the amount of bond directly to the Authority.
This Act’s bill:Second reading speech
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