RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION ACT 2008 - SECT 112 Meaning of maximum rental bond

RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION ACT 2008 - SECT 112

112 Meaning of maximum rental bond

(1) A
"maximum rental bond" , for a residential tenancy agreement, is an amount equal to the rent payable under the agreement for the period of—

(a) for moveable dwelling premises—

(i) if the tenancy is a long tenancy (moveable dwelling) and electricity supplied to the premises is supplied in the lessor’s name and individually metered—3 weeks; or

(ii) otherwise—2 weeks; or

(b) for other premises—4 weeks.

(2) A
"maximum rental bond" , for a rooming accommodation agreement, is an amount equal to the rent payable under the agreement for the period of 4 weeks.

Note—

See section 146 for an offence of requiring or accepting more than the maximum amount for a rental bond.