Frequently Asked Questions
Residential Tenancies Bond Authority
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The Residential Tenancies Bond Authority (RTBA) is a statutory authority of the Government of Victoria, administered within the Department of Justice.
The RTBA is established by the Residential Tenancies Act 1997 to hold all Victorian residential tenancy bonds including those applying to long term caravan and rooming houses residents.
Section 429 of the Residential Tenancies Act 1997 establishes the RTBA as a body corporate constituted by the Director of Consumer Affairs Victoria. The RTBA has no other members and employs no staff. The RTBA is reliant on the staff and resources of the Department of Justice, Consumer Affairs Victoria, and contracted services. The cost of these inputs is met by the RTBA.
The functions of the RTBA, as set out in section 431 of the Residential Tenancies Act 1997, are as follows:
(a) to collect and disburse bond money paid to the Authority under this Act;
(b) to establish and administer-
(i) a Residential Bonds Account; and
(ii) a Residential Bonds Investment Income Account;
(c) to invest money held in those Accounts in accordance with this Act;
(ca) to collect the information contained in bond lodgement forms given to the Authority and other information kept by
the Authority in relation to bonds held by the Authority;
(cb) to disclose the information (other than persons' names) referred to in paragraph (ca), to the Director of Housing for
the purpose of the use of that information by the Director of Housing in research, compiling statistics and public
(d) to carry out any other function conferred on it by the Residential Tenancies Act 1997.
Under section 432 of the Residential Tenancies Act 1997, the RTBA has power to do anything that is necessary or convenient to be done for or in connection with the carrying out of its functions.
The environment in which the RTBA operates is shown in the following diagram:
Further details of the RTBA are contained in the Annual Report of the RTBA which can be downloaded from:
or obtained in hard copy from the RTBA.
Last updated 12 Dec 2013 © 2008, State of Victoria, Australia