sec.117Duty to pay rental bond instalments under residential tenancy agreement

### sec.117 Duty to pay rental bond instalments under residential tenancy agreement This section applies to a lessor who— receives financial or other assistance from the State to supply rented accommodation to persons; and enters into a residential tenancy agreement using the assistance; and receives from the tenant a number of rental bonds for the agreement (the rental bond instalments ). If the lessor or lessor’s agent has received all the rental bond instalments, the lessor or agent must, within 10 days after receiving the last instalment— pay the instalments to the authority; and give the authority a notice, in the approved form, about the instalments. Maximum penalty—40 penalty units. If the agreement ends before the lessor or agent receives all the rental bond instalments, the lessor or agent must, within 10 days after the ending of the agreement— pay the instalments received by the lessor or agent to the authority; and give the authority a notice, in the approved form, about the instalments. Maximum penalty—40 penalty units. (sec.117-ssec.1) This section applies to a lessor who— receives financial or other assistance from the State to supply rented accommodation to persons; and enters into a residential tenancy agreement using the assistance; and receives from the tenant a number of rental bonds for the agreement (the rental bond instalments ). (sec.117-ssec.2) If the lessor or lessor’s agent has received all the rental bond instalments, the lessor or agent must, within 10 days after receiving the last instalment— pay the instalments to the authority; and give the authority a notice, in the approved form, about the instalments. Maximum penalty—40 penalty units. (sec.117-ssec.3) If the agreement ends before the lessor or agent receives all the rental bond instalments, the lessor or agent must, within 10 days after the ending of the agreement— pay the instalments received by the lessor or agent to the authority; and give the authority a notice, in the approved form, about the instalments. Maximum penalty—40 penalty units. - (a) receives financial or other assistance from the State to supply rented accommodation to persons; and - (b) enters into a residential tenancy agreement using the assistance; and - (c) receives from the tenant a number of rental bonds for the agreement (the rental bond instalments ). - (a) pay the instalments to the authority; and - (b) give the authority a notice, in the approved form, about the instalments. - (a) pay the instalments received by the lessor or agent to the authority; and - (b) give the authority a notice, in the approved form, about the instalments.