Payment of tenancy deposits to a tenancy deposit scheme
This section has no associated Executive Note
22.—(1) On receipt of a tenancy deposit and the required accompanying information, the scheme administrator must—
(a)pay the tenancy deposit into a designated account; and
(b)issue written confirmation to the landlord and tenant that the tenancy deposit has been received and paid into a designated account.
(2) The scheme administrator must also advise the landlord and tenant of—
(a)the amount of the deposit;
(b)the date on which the deposit was received by the scheme administrator;
(c)the address of the property to which the tenancy deposit relates;
(d)the name and contact details of the landlord; and
(e)details of how to contact the scheme administrator to notify any inaccuracies in the information in sub-paragraphs (a) to (d).