“122ADetermining unclaimed deposits

A tenancy deposit held under an approved scheme is to be determined by the scheme administrator to be an unclaimed deposit if the scheme administrator is satisfied that no relevant application was made, within the 5-year period, for the tenancy deposit to be repaid.

122BTransfer of unclaimed deposits

(1)

The Scottish Ministers may direct the scheme administrator of an approved scheme to transfer to them, or to a fund administrator, any unclaimed deposits that are held on a particular day (“the accounting day”) under the approved scheme.

(2)

The direction—

(a)

must be in writing,

(b)

may specify the manner in which any such unclaimed deposits are to be transferred.

(3)

The scheme administrator must comply with any such direction within a period of 30 days beginning with the accounting day.

122CUse of transferred unclaimed deposits

(1)

Unclaimed deposits that are transferred to the Scottish Ministers or to a fund administrator (in either case, “the recipient”) may be used by the recipient for the purposes of—

(a)

providing or securing the provision of—

(i)

advice, information or assistance to private tenants (or potential new tenants) about their rights,

(ii)

other services or facilities that promote or support their interests,

(b)

preventing private tenants from becoming homeless, or

(c)

paying or recovering administrative costs that are reasonably incurred by the recipient in the exercise of functions under this section or section 122D (but see subsection (3)).

(2)

Where any such unclaimed deposit is to be used for a purpose mentioned in subsection (1)(a) or (b) it may, in particular, be provided by way of a grant, loan or otherwise and on such conditions as the recipient considers appropriate.

(3)

Where any such unclaimed deposit is to be used for a purpose mentioned in subsection (1)(c), a fund administrator may do so only with the consent of the Scottish Ministers and in accordance with any conditions they specify.

(4)

In subsection (1)—

(a)

a reference to private tenants is a reference to any tenant under—

(i)

a private residential tenancy under the 2016 Act,

(ii)

a student residential tenancy,

(iii)

an assured tenancy under the Housing (Scotland) Act 1988,

(iv)

a protected tenancy under the Rent (Scotland) Act 1984, or

(v)

a Part VII contract under that Act,

(b)

a reference to potential new tenants is a reference to any person who may become a tenant under—

(i)

a private residential tenancy under the 2016 Act, or

(ii)

a student residential tenancy.

(5)

In this section—

“the 2016 Act” means the Private Housing (Tenancies) (Scotland) Act 2016,

“student” has the same meaning as in paragraph 5 of schedule 1 of the 2016 Act,

“student residential tenancy” means a tenancy—

(a)

the purpose of which is to confer on the tenant the right to occupy the let property while the tenant is a student, and

(b)

to which paragraph 5(2) or (3) of schedule 1 (tenancies which cannot be private residential tenancies: student lets) of the 2016 Act applies.

122DReports on the use of transferred unclaimed deposits

(1)

The Scottish Ministers must prepare a report on the use of any unclaimed deposits that are transferred to them or to a fund administrator.

(2)

The Scottish Ministers must—

(a)

publish the report within a period of 3 years beginning with—

(i)

where the deposits to which the transfer request relates are transferred on a single day, that day, or

(ii)

where such deposits are transferred over a period of two or more days, the first of those days, and

(b)

lay a copy of it before the Scottish Parliament as soon as reasonably practicable after publication.

(3)

For the purpose of preparing a report under subsection (1), the Scottish Ministers may direct a fund administrator to give them a report on the use of any unclaimed deposits that are transferred to the fund administrator.

(4)

A report to be given by a fund administrator under subsection (3) must—

(a)

be given to the Scottish Ministers as soon as reasonably practicable after the direction is received, and

(b)

contain such information as the Scottish Ministers may specify in the direction.

122ERepayment of unclaimed deposits

(1)

Subsection (2) applies where—

(a)

a tenancy deposit was paid by an occupant as security under or in connection with a tenancy or an occupancy arrangement, and

(b)

the tenancy deposit was an unclaimed deposit that was transferred to the Scottish Ministers or a fund administrator.

(2)

Where this subsection applies, the Scottish Ministers may, on the application of the former occupant, repay all or part of the former tenancy deposit (“the amount”) to the former occupant if they are satisfied that—

(a)

the former occupant has a reasonable excuse for not having made a relevant application, within the 5-year period, for the amount to be repaid, and

(b)

if the former occupant had made such an application immediately before the end of the 5-year period, the scheme administrator would have been required to repay the amount to the former occupant.”.

“123AInterpretation of this Part

In this Part—

“fund administrator” means a person, other than the Scottish Ministers, to whom unclaimed deposits are transferred,

“scheme administrator”, in relation to an approved scheme, means the person who administers the scheme,

“transferred” means transferred in compliance with a request under section 122B(1),

“unclaimed deposit” means a tenancy deposit that is determined to be an unclaimed deposit in accordance with section 122A.”.