(1) A health profession board must—
(a) maintain at least 1 account; and
(b) pay all amounts it receives into an account; and
(c) pay all amounts it spends out of an account.
(2) The health profession board may invest its money as it considers appropriate.
(3) In this section:
"account" means an account with an authorised deposit-taking institution.
Note Authorised deposit-taking institution is defined in the Legislation Act, dict, pt 1).