New South Wales Consolidated Acts

RESIDENTIAL TENANCIES ACT 2010 - SECT 186A

186A Regulations may establish rental bond roll-over scheme

(1) The regulations may make provision for or with respect to the establishment of a rental bond roll-over scheme to enable a rental bond deposited with the Secretary in relation to a tenancy (a
"deposited rental bond" ) to be used for the purposes of a rental bond required for another tenancy.

(2) Without limiting subsection (1), the regulations may make provision for or with respect to the following--

(a) eligibility for participation in the scheme,

(b) the circumstances in which a deposited rental bond may be treated as the rental bond for another tenancy,

(c) the payment of additional amounts by a tenant towards a rental bond for another tenancy if the amount of a deposited rental bond is insufficient to cover the rental bond for the other tenancy,

(d) the payment of a refund if the amount of a rental bond for the other tenancy is less than the deposited rental bond for the original tenancy,

(e) any fee or deposit that must be paid to the Secretary to enable rental bond roll-over to occur,

(f) the times or periods within which actions must be completed in relation to the payment of bonds (and the variation of those times or periods) and the consequences of failure to complete actions within those times or periods,

(g) remedies for contraventions of the scheme, including--

(i) the ability of landlords to terminate tenancies on the grounds bonds have not been paid in accordance with the scheme, and

(ii) the power of the Tribunal to make termination orders if bonds are not paid in accordance with the scheme,

(h) the making of claims against a deposited rental bond (whether before or after it is treated as the rental bond for another tenancy),

(ha) matters relating to the administration of the scheme, including--

(i) the Secretary's powers in relation to the scheme, and

(ii) the systems to be used to administer and manage the scheme, and

(iii) the guarantee of payment of bonds to landlords,

(i) the application of provisions of this Part to the scheme (whether with or without modifications).

(3) In this section,
"modification" includes an addition, omission or substitution.