RESIDENTIAL TENANCIES ACT 1995 - SECT 105L
RESIDENTIAL TENANCIES ACT 1995 - SECT 105L
105L—Receipt of bond and transmission to Commissioner
(1) A person must,
within 48 hours after receiving an amount paid by way of a bond, give the
person who paid a receipt stating the date payment was received, the name of
the person from whom the payment was received, the amount paid, and the
address of the rooming house to which the payment relates.
Maximum penalty: $25 000.
Expiation fee: $1 200.
(2) A person who
receives an amount by way of a bond must pay the amount of the bond to the
Commissioner within the period allowed by regulation.
Maximum penalty: $35 000.
Expiation fee: $2 000.