PART 3PROVISIONS APPLYING TO ALL OCCUPATION CONTRACTS
CHAPTER 4DEPOSITS AND DEPOSIT SCHEMES
Deposit schemes
45Requirement to use deposit scheme
1
If the contract-holder under an occupation contract pays a deposit (or another person pays a deposit on his or her behalf), the deposit must be dealt with in accordance with an authorised deposit scheme.
2
Before the end of the period of 30 days starting with the day on which the deposit is paid, the landlord must—
a
comply with the initial requirements of an authorised deposit scheme, and
b
give the contract-holder (and any person who has paid the deposit on his or her behalf) the required information.
3
The required information is such information as may be prescribed relating to—
a
the authorised deposit scheme which applies,
b
the landlord’s compliance with the initial requirements of the scheme, and
c
the operation of this Chapter, including the contract-holder’s rights (and the rights of any person who has paid the deposit on his or her behalf) in relation to the deposit.
4
This section is a fundamental provision which is incorporated as a term of all occupation contracts; section 20 provides that this section—
a
must be incorporated, and
b
must not be incorporated with modifications.