VIC: Residential Tenancies Act Section 206R Maximum amount of certain guarantees

Maximum amount of certain guarantees (1) If a site tenant— (a) has not paid a bond or has not been required to pay a bond; and

(b) has obtained a guarantee in relation to a site agreement— the guarantee is unenforceable against the guarantor to the extent to which the amount guaranteed exceeds the amount of rent payable under the site agreement for one month. (2) This section does not apply to a site agreement referred to in section 206K(2).