New Zealand Legislation: Acts

21 Tenant may pay bond direct to chief executive with landlord's consent

• (1) Notwithstanding anything in section 19 or section 20 of this Act, but subject to subsection (2) of this section, any amount payable by way of bond may, with the consent of the landlord, be paid direct to the chief executive.

  (2) Every such payment shall be accompanied by a statement of particulars in the prescribed form signed by the landlord and the tenant.

  (3) Where any amount payable by way of bond is paid direct to the chief executive, the chief executive shall—

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

  • (b) Give to the tenant 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 landlord a copy of the receipt issued in accordance with paragraph (b) of this subsection.

  Sections 20, 21, and 22 were substituted, as from 18 August 1992, by section 4 Residential Tenancies Amendment Act 1992 (1992 No 79).

  Subsection (2) was substituted, as from 1 May 1996, by section 9 Residential Tenancies Amendment Act 1996 (1996 No 7).