New South Wales Consolidated Acts
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PROPERTY AND STOCK AGENTS ACT 2002 - SECT 88
Trust money not available to pay licensee's debts
(1) Trust money is not available for the payment of the debts of the licensee
to any other creditor of the licensee, or liable to be attached or taken in
execution under the order or process of any court at the instance of any other
creditor of the licensee.
(2) This section does not take away or affect any
just claim or lien that any licensee may have against or upon trust money.
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