“This rule used to explain how to handle money deposits for renting, but it's not used anymore.”
This part of the law used to talk about bonds when people rented homes. It was called ‘Transitional provision relating to bonds’. However, on 1 May 1996, this section was removed from the law. It’s no longer a part of the Residential Tenancies Act 1986. If you need to know about bonds now, you should look at other parts of the law that are still active.