34BBond release application—application by tenant

34B Bond release application—application by tenant (1) A tenant may make a bond release application to the Territory if— (a) the tenant has not received a bond release application form from the lessor under section 34 (Bond release application—lessor’s obligations); or (b) the tenant has received a bond release application form under section 34 and has not signed the form; or (c) if there are co-tenants— (i) at least 1 of the co-tenants has received a bond release application form from the lessor under section 34; and (ii) the co-tenant making the application has signed the form; but (iii) at least 1 co-tenant has not signed the form. (2) On receiving a bond release application from the tenant, the Territory to the lessor and each co-tenant who has not signed the application (other than the applicant); and

(b) if the Territory does not receive a notice disputing the application from a person mentioned in paragraph (a) within 2 weeks after the day the person was given the notice of application—pay out of the trust account in accordance with the application the amount claimed as bond in the application.