Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW
- SECT 871

Trust money not available in respect of dealer's own
debts
(1)
Subject to this Part, money in a trust account of the holder of a licence is not available for the payment of a debt or liability of the licensee.

(2)
Subject to this Part, money in a trust account of the holder of a licence (including a licence within the meaning of a law corresponding to this section) is not liable to be attached, or taken in execution, under the order or process of a court at the instance of a person suing in respect of such a debt or liability.



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