RESIDENTIAL TENANCIES ACT 1997 - SECT 406 Duty to pay bond to Authority
RESIDENTIAL TENANCIES ACT 1997 - SECT 406
Duty to pay bond to AuthorityIf a residential rental provider receives an amount of bond from a renter, the residential rental provider must, within 10 business days after the amount of bond is received, give the amount of bond to the Authority together with the completed bond lodgment form.
Penalty: 150 penalty units.