New Zealand Legislation: Acts

20 Duties of chief executive in relation to bonds

• Where a landlord forwards to the chief executive any amount paid by way of bond, the chief executive shall—

  • (a) deposit the money into the Residential Tenancies Trust Account:

  • (b) give to the landlord a written receipt showing—

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

    • (ii) the name of the landlord; and

    • (iii) the name of the tenant; and

    • (iv) the amount and nature of the payment; and

    • (v) the date of the receipt by the chief executive of the payment:

  • (c) give to the tenant a copy of the receipt issued in accordance with paragraph (b).

  Section 20: substituted, on 18 August 1992, by section 4 of the Residential Tenancies Amendment Act 1992 (1992 No 79).