24Deposit of bond by tenant

24 Deposit of bond by tenant (1) If the lessor and the tenant agree to the tenant depositing the bond with the Territory— (a) the tenant must deposit with the Territory the amount of the bond; and (b) the tenant, or the lessor on the tenant’s behalf, must lodge a notice in accordance with section 25. (2) Unless the lessor and the tenant otherwise agree, the tenant is not entitled to possession of the premises until— (a) the tenant gives the lessor evidence that the bond has been deposited; or (b) the Territory gives the lessor written notice that the bond has been deposited. Note Under the Electronic Transactions Act 2001, s 8 (1), information required to be in writing may be given electronically in certain circumstances.