(1) A proprietor must not request a resident to pay a security deposit greater than—
(a) the equivalent of one month's fees; or
(b) if an amount is prescribed for the purposes of this subsection, that prescribed amount.
Penalty: 60 penalty units, in the case of a natural person;
300 penalty units, in the case of a body corporate.
(2) A proprietor must not accept from a resident a security deposit greater than—
(a) the equivalent of one month's fees; or
(b) if an amount is prescribed for the purposes of this subsection, that prescribed amount.
Penalty: 60 penalty units, in the case of a natural person;
300 penalty units, in the case of a body corporate.