s 31A
In forceAccelerated rent and liquidated damages prohibited
Part 2Long‑stay agreements and conduct of long‑stay tenants and park operators
Division 3Rent
31A Accelerated rent and liquidated damages prohibited
(1)
A park operator must not enter into a long‑stay agreement that provides that if the long‑stay tenant breaches the agreement, this Act or another written law, the tenant is liable to pay —
(a)
all or part of the rent remaining payable under the agreement; or
(b)
rent of an increased amount; or
(c)
an amount by way of penalty; or
(d)
an amount by way of liquidated damages.
Penalty for this subsection: a fine of $5 000.
(2)
A long‑stay agreement has no effect to the extent that it includes a provision of the kind referred to in subsection (1).
[Section 31A inserted: No. 28 of 2020 s. 29.]
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