Duty to pay bond to Authority
406 Duty to pay bond to Authority
S. 406 amended by Nos 45/2002 s. 70(2), 67/2010 s. 150, 47/2012 s. 11, 45/2018 s. 280, 36/2026 s. 77 (ILA s. 39B(1)).
If a residential rental provider receives an amount of bond from a renter, the residential rental provider must, within 10 business days after the amount of bond is received, give the amount of bond to the Authority together with the completed bond lodgment form.
Penalty: 150 penalty units.
S. 406(2) inserted by No. 36/2026 s. 77.
If a renter has received a request under section 405A(5) to pay an amount of bond directly to the Authority, the renter must pay the amount of bond to the Authority within 2 days after receiving the request.
This Act’s bill:Second reading speech
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