SCHEDULES

SCHEDULE 2Treatment of holding deposit

4Requirement to repay holding deposit

If paragraph 3 applies, the deposit must be repaid within the period of 7 days beginning with—

a

where paragraph 3(a) applies, the date of the tenancy agreement,

b

where paragraph 3(b) applies, the date on which the landlord decides not to enter into the tenancy agreement, or

c

where paragraph 3(c) applies, the deadline for agreement.