PART 5Procedures for payment, holding and repayment of deposits
Landlord application to transfer a tenancy deposit23
1
A landlord may apply for repayment of a tenancy deposit from an approved scheme for the purpose of transferring it to another approved scheme.
2
On receipt of such an application, the scheme administrator must—
a
if so requested, pay the tenancy deposit to the other approved scheme on the landlord’s behalf; or
b
in any other case, repay the tenancy deposit to the landlord.
3
The scheme administrator must notify the tenant in writing of the date on which the deposit was paid to the other approved scheme or repaid to the landlord.