Australian Capital Territory Consolidated Acts

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RESIDENTIAL TENANCIES ACT 1997 - SECT 34

Release if no dispute or if order

    (1)     If—

        (a)     a joint application is made under section 32; or

        (b)     a tenant or lessor who has been given notice of an application under section 33 does not notify the Territory in writing within 2 weeks after being given the notice that the tenant or lessor disputes the application; or

        (c)     an application is for payment in accordance with an order of the ACAT specifying an amount of money is to be paid from an amount of bond;

the Territory must pay out of the trust account an amount of bond in accordance with the application.

    (2)     The amount paid out of the trust account under subsection (1) in relation to an application must not exceed the amount of bond paid into the trust account in relation to the residential tenancy agreement.



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