Clause 21. Bond grant: Amount

21

Bond grant: Amount

(1)

The amount of a bond grant made under clause 20(1)(a) must not exceed the lesser of the following amounts:

(a)

the amount of bond payable by the applicant and their spouse or partner under an RTA agreement; or

(b)

the amount equivalent to 4 weeks' accommodation costs for the accommodation; or

(c)

if the applicant is in shared accommodation, the applicant's and their spouse or partner's portion of 4 weeks' accommodation costs.

(2)

The amount of a bond grant made under clause 20(1)(b) must not exceed the lesser of either the:

(a)

further sum required towards a bond due to an increase of rent; or

(b)

amount equivalent to 4 weeks of the amount of the increase in rent.

(3)

When determining whether to grant a bond grant, and the grant amount, MSD may have regard to whether the applicant or their spouse or partner has, or will have at the time the bond is payable, access to a refund of a bond payment for their former accommodation.