PART 5Procedures for payment, holding and repayment of deposits

Repayment by the scheme administrator where there is no disputed amount

27.—(1) Paragraph (2) applies where the scheme administrator does not receive the confirmation and notification from the tenant as required by regulation 25(1)(b) and (c) within 30 working days of writing to the tenant in accordance with regulation 25(1).

(2) The scheme administrator must—

(a)if the amount specified under regulation 24(2)(a) is more than zero, hold that amount in a designated account (in case it is applied for by the tenant at a later date); and

(b)repay to the landlord the amount specified under regulation 24(2)(b) within 5 working days of the expiry of the 30 working day period.