Payment of security bond following referral of application to Commissioner
81L Payment of security bond following referral of application to Commissioner
This section applies if the bond administrator —
receives a security bond release application in relation to a residential tenancy agreement; and
refers the application to the Commissioner under section 81I.
The bond administrator must not pay any of the security bond for the residential tenancy agreement to a person unless the bond administrator is given a copy of —
notice of the Commissioner’s decision on the security bond release application under section 81R; or
if the bond administrator is given notice that a party to the security bond release application has applied to the Magistrates Court for relief relating to the security bond — the court’s decision on the application.
The bond administrator must pay the security bond to the persons and in the amounts stated in the decision of the Commissioner or the court, as the case may be.
[Section 81L inserted: No. 11 of 2024 s. 43.]
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