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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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