Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 982D

    The licensee must only use the money:

  (a)   for the purpose, and in the manner, set out in the statement given under section   982C; or

  (b)   for another purpose, or in another manner, agreed on in writing by the licensee and the client after the licensee gave the client the statement.

Note:   Failure to comply with this section is an offence (see subsection   1311(1)).