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Contents (2010 - 42)
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Residential Tenancies Act 2010 No 42
Current version for 7 July 2017 to date (accessed 18 August 2017 at 22:36)
Part 8 Division 2 Section 160
160   Other security may not be required
(1)  A landlord, landlord’s agent or any other person must not require or receive from a tenant or another person anything other than a rental bond as security for any failure by a tenant to comply with the terms of a residential tenancy agreement.
Maximum penalty: 20 penalty units.
(2)  This section does not apply to an undertaking:
(a)  given to a landlord by the Secretary of the Department of Family and Community Services (or the New South Wales Land and Housing Corporation on behalf of that Secretary), or a person authorised in writing for the purposes of this section by that Secretary, and
(b)  that provides that, subject to specified conditions, the landlord will be indemnified up to a specified amount against loss or damage arising from any breach of a residential tenancy agreement by a specified tenant.