Victorian Current Acts Victorian Current ActsS. 43(1) amended by Nos 67/2010 s. 100, 45/2018 s. 33(1)(2).
(1) A person who receives a payment of rent from a renter must give a written receipt in accordance with this section to the person making the payment—
(a) immediately, if the payment is made in person; or
(b) if the payment is not made in person and a receipt is requested at the time of making the payment, within 5 business days of receiving the payment.
Penalty: 25 penalty units.
S. 43(2) substituted by No. 45/2002 s. 11, amended by Nos 67/2010 s. 100, 45/2018 s. 33(3)(4).
(2) If a person receives a payment of rent from a renter and a written receipt is not required to be given under subsection (1), the person must keep a record of the payment of rent until the earlier of—
(a) the end of 12 months after receiving the payment; or
S. 43(2)(b) amended by No. 45/2018 s. 33(3).
(b) if a renter requests a copy of the record before the end of 12 months after making the payment, the provision of a copy of the record to the renter.
Penalty: 25 penalty units.
S. 43(2A) inserted by No. 45/2002 s. 11, amended by Nos 67/2010 s. 100, 45/2018 s. 33(5)(6).
(2A) If a renter requests a copy of a record under subsection (2)(b) before the end of 12 months after making the payment of rent, a person who keeps a record under subsection (2) must provide a copy of that record to the renter within 5 business days after receiving the request.
Penalty: 25 penalty units.
S. 43(2B) inserted by No. 45/2002 s. 11.
(2B) For the purposes of subsection (2), a record must contain information which enables the details specified in paragraphs (a) to (e) of subsection (3) to be identified.
(3) A receipt under this section must be signed by the person who receives the payment and must state—
S. 43(3)(a) amended by No. 45/2018 s. 33(7).
(a) the name of the renter and the rented premises; and
(b) the date of receipt; and
(c) the period for which payment is made; and
(d) the amount paid; and
(e) the fact that the payment is for rent.
(4) The regulations may provide that a prescribed person is exempt from subsection (1), (2) or (3) subject to the conditions, if any, specified in the regulations.
S. 44 (Heading) inserted by No. 45/2018 s. 34(1).