Victorian Current Acts

RESIDENTIAL TENANCIES ACT 1997 - SECT 431

The functions of the Authority are—

        (a)     to collect and disburse bond money paid to the Authority under this Act;

        (b)     to establish and administer—

              (i)     a Residential Bonds Account; and

              (ii)     a Residential Bonds Investment Income Account;

        (c)     to invest money held in those Accounts in accordance with this Act;

S. 431(ca) inserted by No. 93/2003 s. 16, amended by No. 47/2012 s. 29.

        (ca)     to collect the information contained in bond lodgment forms and bond substitution forms given to the Authority and other information kept by the Authority in relation to bonds (including substitute bonds under section 410B) held by the Authority;

S. 431(cb) inserted by No. 93/2003 s. 16, amended by No. 40/2022 s. 60(45).

        (cb)     to disclose the information (other than persons' names) referred to in paragraph (ca), whether it was collected before, on or after the commencement of section 16 of the Residential Tenancies (Amendment) Act 2003 , to Homes Victoria for the purpose of the use of that information by Homes Victoria in research, compiling statistics and public education;

S. 431(cc) inserted by No. 47/2019 s. 59.

        (cc)     to disclose the information (including names of persons) referred to in paragraph (ca) to the Director, for the purpose of the Director carrying out any function under this Act, whether that information was collected before, on or after the commencement of this paragraph.

        (d)     to carry out any other function conferred on it by this Act.