SCHEDULE 2Treatment of Holding Deposit
Exceptions
I17
Paragraph 3(b) does not apply if the contract-holder provides false or misleading information to the landlord or letting agent and—
a
the landlord is reasonably entitled to take into account the difference between the information provided by the contract-holder and the correct information in deciding whether to grant a contract to the contract-holder, or
b
the landlord is reasonably entitled to take the contract-holder's action in providing false or misleading information into account in deciding whether to grant such a contract.