Western Australian Current Acts

RESIDENTIAL TENANCIES ACT 1987 - SECT 93

93 .         All security bonds to be transferred to bond administrator after renewal of agreement or within 18 months

        (1)         A lessor under a residential tenancy agreement must take all reasonable steps to ensure that a security bond held in an AFI that was paid in relation to the agreement is paid from the account in accordance with subsection (2) —

            (a)         if the agreement is renewed — as soon as practicable after the renewal; or

            (b)         in any other case — not later than 18 months after the commencement day.

        Penalty for this subsection: a fine of $5 000.

        (2)         The security bond is to be paid either —

            (a)         to the tenant; or

            (b)         to the bond administrator, in which case section 29(4)(b), (c) and (d) apply, with all necessary changes, to the payment.

        [Section 93 inserted: No. 60 of 2011 s. 86; amended: No. 3 of 2019 s. 25.]