Australian Capital Territory Consolidated Acts

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LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 39

Maximum level of bond

    (1)     The lessor must not require or accept as a bond an amount more than rent payable under the lease for any 3 month period nominated by the lessor.

    (2)     If the lessor requires payment of more than 3 months rent in advance, any advance payment over 3 months rent is taken, for this section, to be bond.



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