Victorian Current Acts

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RESIDENTIAL TENANCIES ACT 1997 - SECT 423

Prohibition of claims

    (1)     No further claim lies against the Authority, the Residential Bonds Account or the Residential Bonds Investment Income Account in respect of an amount of bond once the Authority has in good faith and in accordance with this Part paid that amount out of those Accounts.

S. 423(2) amended by Nos 45/2002 s. 76, 47/2012 s. 25.

    (2)     Despite subsection (1), the Authority may in its absolute discretion, pay as compensation to a person an amount not exceeding the amount of bond paid out if the Authority is satisfied that the person would have been entitled to a refund if the amount of bond had not been paid out to another person on the fraudulent application of that other person.

Division 4—General provisions relating to bonds

S. 424 (Heading) inserted by No. 45/2018 s. 293(1).



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