Notification of assignment or transfer by residential rental provider (1) If a residential rental provider assigns or transfers the residential rental provider's rights and duties under a residential rental agreement to another person, the residential rental provider and the person to whom the rights and duties are assigned or transferred must notify the Authority in accordance with this section of that assignment or transfer if an amount of bond has been paid in relation to the residential rental agreement. Penalty: 60 penalty units.
(2) A notification under subsection (1) must—
(a) be in a form approved by the Authority; and
(b) be signed by the residential rental provider and the person to whom the rights and duties are assigned or transferred; and
(c) be given to the Authority within 5 days after the assignment or transfer takes effect.
(3) The residential rental provider must give the renter a copy of the notice under subsection (1). Penalty: 60 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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