66Incentives or State or Territory contributions not to be withheld or refused if bond not paid

66 Incentives or State or Territory contributions not to be withheld or refused if bond not paid

(1) This section applies if: (a) an approved participant is required to pass on all or part of an incentive or State or Territory contribution to an investor under an arrangement; and (b) the arrangement concerned is expressed to be subject to a term that the investor or another person must pay to the approved participant a monetary bond (however described) if the investor does not use a service other than a service provided by the approved participant or another person specified by the approved participant; and (c) the investor uses another service and the bond is not paid to the approved participant. (2) The approved participant: (a) must comply with the requirement to pass on the incentive or contribution as if the term were not included in the arrangement; and (b) must not terminate the arrangement only because the investor uses the alternative service and the bond is not paid to the approved participant.