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Regulation 14 Landlord application to transfer a deposit

Original text. Later amendments are not shown.

(1)

A landlord may apply for repayment of a tenancy deposit from a scheme for the purpose of transferring it to another scheme.

(2)

On receipt of such an application, the scheme administrator must:—

(a)

if so requested, pay the tenancy deposit to the other scheme on the landlord’s behalf; or

(b)

in any other case, repay the tenancy deposit to the landlord.

(3)

The scheme administrator must notify the tenant in writing of the date on which the deposit was paid to the other scheme or repaid to the landlord.