I think it's socially irresponsible to drain active bleach into anywhere it might enter our waterways. That includes the hundreds of thousands of people draining their swimming pools and fountains every fall by dumping the water onto their lawns.If you use household bleach it will temporarily kill the algae, but eventually new spores will get into the pond and start growing. It's the basis of life! ALSO, IF YOU DRAIN THE BLEACH INTO A DITCH OR CREEK, IT WILL STERILIZE THAT WATER TOO. NOT RECOMMENDED. Draining it into a sewer might be OK.
I dechlorinate before I dispose of water that I've added bleach to unless it's going straight down into the sewer. I'm on sewer...it's worth mentioning that bleach sent into a septic will harm the bacteria working in there to break down waste, so be sure it's municipal sewer, and not a septic system. Or just dechlorinate all bleach water before disposal. Seachem Safe is concentrated so it doesn't take much to dechlorinate an extremely large amount of water.