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Residential Tenancies Act 1986

Tenancy agreements - Key money, bonds, and rents

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

You could also call this:

"Paying your bond directly to the government with your landlord's okay"

Illustration for Residential Tenancies Act 1986

You can pay your bond directly to the chief executive if your landlord agrees. You must fill out a statement of particulars in the approved form when you make this payment. The chief executive will then deposit the money into the Residential Tenancies Trust Account. The chief executive gives you a written receipt with details like the address of the premises and the amount paid. They also give your landlord a copy of this receipt. This receipt shows the date the chief executive got the payment. You can find more information about this in section 19 and section 20. The chief executive follows these steps when you pay your bond directly to them. This is how the process works when you pay your bond this way.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM95048.

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Part 2Tenancy agreements
Key money, bonds, and rents

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

  1. Notwithstanding anything in section 19 or section 20, but subject to subsection (2), 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 approved form.

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

  4. deposit the money into the Residential Tenancies Trust Account:
    1. give to the tenant a written receipt showing—
      1. the address of the premises to which the payment relates; and
        1. the name of the landlord; and
          1. the name of the tenant; and
            1. the type of bond and the amount paid; and
              1. the date of the receipt by the chief executive of the payment:
              2. give to the landlord a copy of the receipt issued in accordance with paragraph (b).

                Notes
                • Section 21: replaced, on , by section 4 of the Residential Tenancies Amendment Act 1992 (1992 No 79).
                • Section 21(2): replaced, on , by section 9 of the Residential Tenancies Amendment Act 1996 (1996 No 7).
                • Section 21(2): amended, on , by section 13(1) of the Residential Tenancies Amendment Act 2024 (2024 No 52).
                • Section 21(2): amended, on , by section 17 of the Residential Tenancies Amendment Act 2010 (2010 No 95).
                • Section 21(3)(b)(iv): replaced, on , by section 13(2) of the Residential Tenancies Amendment Act 2024 (2024 No 52).