{
  "url": "https://openlegislation.uk/renting-homes-fees-discrimination-etc-wales-act-2019/schedule-1/paragraph-2",
  "json_url": "https://openlegislation.uk/renting-homes-fees-discrimination-etc-wales-act-2019/schedule-1/paragraph-2.json",
  "legislation": "anaw/2019/2",
  "legislation_title": "Renting Homes (Fees, Discrimination etc.) (Wales) Act 2019",
  "legislation_url": "https://openlegislation.uk/renting-homes-fees-discrimination-etc-wales-act-2019",
  "path": "schedule/1/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) A payment of a security deposit is a permitted payment.\n(2) In this Act, “security deposit” means money paid as security for—\n(a) the performance of any obligations of a contract-holder, or\n(b) the discharge of any liability,\narising under or in connection with an occupation contract.\n(3) But if the amount of the security deposit exceeds the prescribed limit, the amount of the excess is a prohibited payment.\n(4) In sub-paragraph (3), the “prescribed limit” means a limit specified by, or determined in accordance with, regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 2 in force at 1.9.2019 by S.I. 2019/1150, art. 2(c)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/anaw/2019/2/schedule/1/paragraph/2",
    "retrieved_at": "2026-10-29T20:18:04.658314+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}