Property manager must make security bond release application using BondsOnline eTransactions
12F Property manager must make security bond release application using BondsOnline eTransactions
If a security bond release application is made by a property manager, the application must be made using BondsOnline eTransactions.
Subregulation (1) does not apply if —
the tenant does not have 1 or more of the following —
a mobile telephone number used exclusively by the tenant;
an email address used exclusively by the tenant;
internet access to check their email account;
competence in the use of a mobile telephone or email;
a sound understanding of the English language;
or
the application relates to the disposal of a security bond to an overseas bank account; or
the application relates to the transfer of a security bond from 1 property to another; or
the bond administrator has approved the application being made otherwise than by using BondsOnline eTransactions.
[Regulation 12F inserted: SL 2026/4 r. 30.]
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