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21: Tenant may pay bond direct to chief executive with landlord's consent
or “If the landlord agrees, you can pay your rental bond directly to the government instead of to the landlord.”
You could also call this:

“Telling the government when your name or address changes for your rental bond”

If you have a bond held in the Residential Tenancies Trust Account for your tenancy, you need to tell the chief executive about certain changes. This applies to both landlords and tenants.

You must inform the chief executive within 10 working days if you change your name, contact address, or address for service. This ensures they have your up-to-date information.

If someone else takes over your role as a landlord or tenant in the tenancy agreement, they also need to tell the chief executive. They should do this within 10 working days of taking over. This helps keep the bond records accurate.

It’s important to keep the chief executive informed about these changes so they can manage your bond correctly.

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Next up: 22: Agreed applications to chief executive for payment of bond

or “When both the landlord and tenant agree, they can ask for the bond money to be paid out”
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Part 2 Tenancy agreements
Key money, bonds, and rents

21ANotification of changes of address to chief executive

  1. Where a bond is being held in the Residential Tenancies Trust Account in respect of a tenancy agreement and the landlord or tenant changes his or her name or contact address or address for service, the landlord or the tenant, as the case may be, shall, within 10 working days thereafter, cause notice of the new particulars to be sent to the chief executive.

  2. Where a bond is being held in the Residential Tenancies Trust Account in respect of a tenancy agreement and the landlord's or the tenant's interest under the tenancy agreement passes to some other person, that other person shall, within 10 working days thereafter, cause notice of the new particulars to be sent to the chief executive.

Notes
  • Section 21A: inserted, on , by section 10(1) of the Residential Tenancies Amendment Act 1996 (1996 No 7).