Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW
- SECT 868

When money to be paid into trust account
(1)
Where section 867 requires a licensee to pay money into a trust account, the licensee must pay the money into a trust account on or before the next day after the licensee receives it on which it can be so paid.

(2)
A person who contravenes subsection (1) is guilty of an offence.

(3)
A person who, with intent to defraud, contravenes subsection (1) is guilty of an offence.



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