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RESIDENTIAL TENANCIES ACT 1997 - SECT 96 What is the maximum bond?

RESIDENTIAL TENANCIES ACT 1997 - SECT 96

What is the maximum bond?

A rooming house operator must not demand or accept a bond that exceeds—

        (a)     in the case of a fixed term rooming house agreement, the equivalent of 28 days rent; or

        (b)     in any other case, the equivalent of 14 days rent.

Penalty:     60 penalty units.