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RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION AND OTHER LEGISLATION AMENDMENT ACT 2024 - SECT 73
Amendment of s 396A (Reletting costs)
73 Amendment of s 396A (Reletting costs)
(1) Section 396A (1) , ‘reasonable costs incurred by the provider in
reletting the resident’s room (
"reletting costs" )’—
omit, insert—
costs incurred by the provider in reletting the resident’s room
(3) Section
396A (1) (c) , ‘reasonable costs incurred by the provider in reletting the
resident’s room’—
omit, insert—
the reletting costs under this section
(4) Section 396A (2) , ‘reletting
costs’—
omit, insert—
the costs incurred by the provider in reletting the premises
(5) Section 396A
(2) (b) , ‘ chapter 5 ,’—
omit.
(6) Section 396A —
insert— (3) The
"reletting costs" payable by the resident under this section in relation to a
fixed term agreement are— (a) for a fixed term of not more than 3 years, the
lesser of— (i) the amount of the reletting costs mentioned in subsection
(4); or
(ii) an amount equal to the rent payable for the period between the
resident leaving the rental premises and the day a new agreement commences
after the rental premises are relet; or
(b) for a fixed term of more than 3
years, the lesser of— (i) an amount equal to 1 month’s rent for each
12-month period remaining of the term of the agreement, up to a maximum amount
equal to 6 months rent; or
(ii) an amount equal to the rent payable for the
period between the resident leaving the rental premises and the day a new
agreement commences after the rental premises are relet.
(4) For subsection
(3)(a)(i), the amount of the reletting costs is— (a) if less than 25% of the
fixed term had expired when the resident left the rental premises—the amount
equal to 4 weeks rent; or
(b) if 25% or more but less than 50% of the fixed
term had expired when the resident left the rental premises—the amount equal
to 3 weeks rent; or
(c) if 50% or more but less than 75% of the fixed term
had expired when the resident left the rental premises—the amount equal to 2
weeks rent; or
(d) if 75% or more of the fixed term had expired when the
resident left the rental premises—the amount equal to 1 week’s rent.
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