New Zealand Legislation: Acts

19 Duties of landlord on receipt of bond

• (1) Where any person pays to the landlord, or to any other person on behalf of the landlord, any amount by way of bond, the following provisions shall apply:

  • (a) The person who receives the payment shall forthwith give to the payer a written receipt, signed by that person, showing—

    • (i) The address of the premises to which the payment relates; and

    • (ii) The amount and nature of the payment; and

    • (iii) The date of the payment; and

    • (iv) The name of the payer (if known to the person who receives the payment):

  • (b) The landlord shall, within 23 working days after the payment is made, forward the amount received to the chief executive, together with a statement of particulars in the prescribed form signed by the landlord and the tenant.

  (2) Failure to issue a receipt, or to forward any amount received, in accordance with this section is hereby declared to be an unlawful act.

  Compare: Residential Tenancies Act, 1978-1981 (South Australia), s 32(2)

  Subsection (1)(b) was substituted, as from 18 August 1992, by section 3 Residential Tenancies Amendment Act 1992 (1992 No 79).

  Subsection (1)(b) was substituted, as from 1 May 1996, by section 8(1) Residential Tenancies Amendment Act 1996 (1996 No 7).