Commonwealth Repealed Acts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This legislation has been repealed.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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