Australian Capital Territory Consolidated Acts(1) The occupant under an occupancy agreement may deposit the amount of any bond under the agreement with the Territory.
(2) The deposit must be accompanied by a written notice that states—
(a) the names of, and addresses for service on, the occupant and the grantor; and
(b) the amount of bond being deposited.
Note If a form is approved under s 133 (Approved forms—Minister) for this provision, the form must be used.
(3) If the Territory accepts the amount of the bond, the Territory must—
(a) give the occupant a receipt for the amount; and
(b) give the grantor a copy of the notice under subsection (2).
(4) If the Territory accepts the amount of the bond, the applied provisions apply in relation to the occupancy agreement as if—
(a) the amount had been received by the Territory under part 3 (Bonds); and
(b) the occupancy agreement were a residential tenancy agreement; and
(c) the occupant were the tenant under the agreement; and
(d) the grantor were the lessor under the agreement; and
(e) any dispute between the occupant and the grantor about the bond were a tenancy dispute; and
(f) any other necessary changes, and any changes prescribed by regulation, were made.
(5) In this section:
"applied provisions" means the following provisions:
• section 27 (Payment of bond money into trust account)
• section 28 (Interest on amounts in trust account)
•
division 3.4 (Release of bond money).