Victorian Current Acts Victorian Current ActsS. 34(1) amended by No. 45/2018 s. 23 (1)(a)(b) (as amended by No. 47/2019 s. 63(1)), (2).
(1) A person must not demand or accept a bond for a subsequent residential rental agreement under which a renter continues in occupation of rented premises if that renter—
S. 34(1)(a) substituted by No. 45/2018 s. 23(1)(c) (as amended by No. 47/2019 s. 63(2)).
(a) has paid a bond for the initial residential rental agreement under which the amount of rent payable for one week does not exceed the amount prescribed for the purposes of section 31; and
S. 34(1)(b) amended by No. 45/2018 s. 23(1)(a).
(b) continues in occupation of those premises under the subsequent residential rental agreement.
Penalty: 60 penalty units.
S. 34(2) inserted by No. 40/2018 s. 9, substituted by No. 45/2018 s. 23(3).
(2) An additional bond may be paid in the prescribed manner.
S. 34(3) inserted by No. 45/2018 s. 23(3).
(3) This section does not apply to—
(a) a residential rental agreement for a fixed term of more than 5 years in the form referred to in section 26(1A)(b); or
(b) an additional bond payable in respect of a renter's obligation to restore any modification the renter has made to the rented premises under section 64.
S. 34A inserted by No. 40/2018 s. 10.