22D Chief executive may take steps to refund bonds

(1)

The chief executive may take any steps that the chief executive considers reasonable in the circumstances to refund a bond held by the chief executive if the chief executive believes on reasonable grounds that—

(a)

the tenancy to which the bond relates has terminated and no claim is made for the bond within 2 months of the termination; or

(b)

an application for the refund of the bond has been approved but the bond money has not been collected within 2 months of the approval.

(2)

The steps that the chief executive takes under subsection (1) may include the publication of 1 or more of the following:

(a)

the name of the person to whom the bond is to be refunded if the circumstances described in subsection (1)(b) apply:

(b)

the name of the tenant in whose name the bond is held:

(c)

the amount, or approximate amount, of the bond:

(d)

the location of the premises to which the bond relates.

(3)

To avoid doubt, this section applies to all bond money held by the chief executive, whenever it is received.

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