The following section is inserted after section 18:
“18A Landlord must not require security other than permitted bond“(1) A landlord may not require a tenant to provide the landlord with any form of security to secure any payment or performance arising out of, or in connection with, the tenancy.“(2) A requirement made in contravention of subsection (1) is declared to be an unlawful act.“(3) In this section, security—“(a) means—“(i) any interest in real or personal property; or“(ii) the power to exercise a right of the tenant, including the authority to cause an account to be debited (for example, without limitation, by reference to a card, such as the imprint of a credit card or a PIN number) or the means to obtain money from a third party; but“(b) does not include—“(i) a payment by way of bond that is permitted under section 18; or“(ii) any guarantee.”
“(1) A landlord may not require a tenant to provide the landlord with any form of security to secure any payment or performance arising out of, or in connection with, the tenancy.
“(2) A requirement made in contravention of subsection (1) is declared to be an unlawful act.
“(3) In this section, security—
“(a) means—
“(i) any interest in real or personal property; or
“(ii) the power to exercise a right of the tenant, including the authority to cause an account to be debited (for example, without limitation, by reference to a card, such as the imprint of a credit card or a PIN number) or the means to obtain money from a third party; but
“(b) does not include—
“(i) a payment by way of bond that is permitted under section 18; or
“(ii) any guarantee.”