text_body: --- DIVISION TITLE ---
  
  Tenant Fees Bill - Schedule 1 - Deposit Caps
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to cap the deposit a landlord may require from a tenant at five weeks', rather than six weeks', rent where the rent is under Â£50,000 per year.
  @ MP voted no against capping the deposit a landlord may require from a tenant at five weeks', rather than six weeks', rent where the rent is under Â£50,000 per year.
  
  The majority of MPs voted to cap the deposit a landlord may require from a tenant at five weeks', rather than six weeks', rent where the rent is under Â£50,000 per year. The deposit cap for rentals over Â£50,000 per year remained at six weeks' rent. 
  
   
  MPs were considering the Tenant Fees Bill[1]
  
  The motion supported by the majority of MPs in this vote was:
  
  :That this House agrees with Lords amendment 36.
  
  Amendment 36 stated:
  
  :Page 24, line 12, leave out âthe amount of six weeksâ rent,â and insert ââ
   	
  :(a)    the amount of five weeksâ rent, where the annual rent in respect of the tenancy immediately after its grant, renewal or continuance is less than Â£50,000, or
  :(b)    the amount of six weeksâ rent, where the annual rent in respect of the tenancy immediately after its grant, renewal or continuance is Â£50,000 or more,â
  
  This amendment would have impacted Paragraph 2 of Schedule 1 of the Bill[3] titled "tenancy deposit", which prior to the amendment stated:
  
  ::2 (1) A payment of a tenancy deposit is a permitted payment.
  :
  :(2) In this Act âtenancy depositâ means money intended to be held (by a landlord or otherwise) as security forâ
  :
  :(a) the performance of any obligations of a tenant, or
  :
  :(b)the discharge of any liability of a tenant, arising under or in connection with a tenancy.
  :
  :(3) But if the amount of the tenancy deposit exceeds the amount of six weeksâ rent, the amount of the excess is a prohibited payment.
  :
  :(4) In this paragraphâ
  :
  :(a)âsix weeksâ rentâ means six times one weekâs rent, and
  :
  :(b) âone weekâs rentâ means the amount of the annual rent payable in respect of the tenancy immediately after its grant, renewal or continuance divided by 52. 
  
  
  
  * [1] [https://services.parliament.uk/Bills/2017-19/tenantfees/documents.html Parliament's webpage on the Tenant Fees Bill, Parliament.uk]
  * [2] [https://publications.parliament.uk/pa/bills/cbill/2017-2019/0316/hcb316_tenant_fees_la.8-12.html Page of Lords Amendments to the Bill containing amendment 36, Parliament.uk]
  * [3] [https://publications.parliament.uk/pa/bills/lbill/2017-2019/0129/lbill_2017-20190129_en_4.htm#sch1 Paragraph 2 of Schedule 1 of the Bill as referred to by the amendment]
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  (put thoughts and notes for other researchers here)
  