Bond lodgment form
(1) A residential rental provider who receives an amount of bond from a renter must at the time the amount of bond is paid— (a) complete and sign a bond lodgment form in the form approved by the Authority for the type of bond being lodged; and (b) give the form to the renter to sign. Penalty: 25 penalty units.
(2) If the Director of Housing or an agent of the Director of Housing has paid an amount of bond on behalf of the renter, the bond lodgment form must state that fact.
(3) The renter must sign the completed bond lodgment form on payment of the amount of bond.
(4) On the signing by the renter of the bond lodgment form, the residential rental provider must give a copy of that form to the renter. Penalty: 25 penalty units. Note Section 506(1)(da) provides that a document to be served on or given to a person under this Act may be served or given by electronic communication in accordance with the Electronic Transactions (Victoria) Act 2000.
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