VIC: Residential Tenancies Act Section 206N Not more than one bond is payable in respect of continuo

Not more than one bond is payable in respect of continuous occupation A person must not demand or accept a bond for a subsequent site agreement under which a site tenant continues in occupation of a Part 4A site if that site tenant—

(a) has paid a bond for the initial site agreement under which the amount of rent payable for one week does not exceed the prescribed amount; and

(b) continues in occupation of the Part 4A site under the subsequent site agreement.

Penalty: 60 penalty units.