22 Agreed applications to chief executive for payment of bond

(1)

This section applies if—

(a)

at any time a landlord or a tenant applies in the approved form for payment of a bond, or part of a bond; and

(b)

the application is made—

(i)

with the agreement of the other party; or

(ii)

in favour of the other party.

(2)

The chief executive must pay the bond (or, as the case requires, part of the bond) in accordance with the terms of the application.

Section 22: replaced, on 1 October 2010, by section 18 of the Residential Tenancies Amendment Act 2010 (2010 No 95).