- Draft legislation
This is a draft item of legislation. This draft has since been made as a Northern Ireland Statutory Rule: The Tenancy Deposit Schemes Regulations (Northern Ireland) 2012 No. 373
1. These Regulations may be cited as the Tenancy Deposit Scheme Regulations (Northern Ireland) 2012 and shall come into operation on [ ].
2. In these Regulations:—
“approved tenancy deposit scheme” means a scheme which has been approved by the Department for the purposes of safeguarding deposits paid in connection with private tenancies;
“designated account” means an account which cannot contain any sums other than:—
the whole or any part of tenancy deposits paid into it;
such sums of money belonging to the scheme administrator as may be necessary for the purpose of opening the account;
such sums of money as may be necessary to replace any sum which by error has been withdrawn from the account; and
interest;
“dispute regulation mechanism” means the mechanism for resolving disputes specified in regulation 30;
“the Order” means the Private Tenancies (Northern Ireland) Order 2006 (N.I. 10);
“working day” means a day that is not a Saturday, Sunday or a public holiday.
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