Way of giving bond administrator notice prescribed for Act s. 81G(2) and 81H(2)
12G Way of giving bond administrator notice prescribed for Act s. 81G(2) and 81H(2)
For the purposes of sections 81G(2) and 81H(2) of the Act, a party must give the bond administrator written notice that the party agrees to or disputes a security bond release application in 1 of the following ways —
using BondsOnline eTransactions;
using any other electronic system, administered by the bond administrator and accessible through the Department’s website, that facilitates applications and other processes under the Act in relation to security bonds;
in accordance with section 85(1)(a) or (b) of the Act;
if the bond administrator consents, by sending the notice by email to the email address provided by the bond administrator.
[Regulation 12G inserted: SL 2026/4 r. 30.]
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