Victorian Current Acts

RESIDENTIAL TENANCIES ACT 1997 - SECT 206K

S. 206K(1) amended by No. 45/2018 s. 184(1).

    (1)     Subject to this Act, a person must not demand or accept in relation to a site agreement a bond the total of which exceeds—

        (a)     the amount of rent payable under the site agreement for one month, unless an order is in force under section 206M; or

        (b)     the maximum amount of the bond determined under an order in force under section 206M.

Penalty:     60 penalty units.

S. 206K(2) substituted by No. 45/2018 s. 184(2).

    (2)     Subsection (1) does not apply to a site agreement if the amount of rent payable under the site agreement for one week exceeds the prescribed amount.

S. 206L inserted by No. 67/2010 s. 10.