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AGENTS FINANCIAL ADMINISTRATION ACT 2014 - SECT 25
Application of div 5
25 Application of div 5
(1) This division applies if— (a) an agent holds a transaction fund for a
transaction under section 22 ; and
(b) before the transaction fund is paid
out under section 22 , the agent becomes aware of a dispute, or considers a
dispute may arise, between the parties to the transaction about entitlement to
the transaction fund or part of the fund (the
"amount in dispute" ).
(2) In this section—
"party" , to the transaction, does not include an entity acting for a party to
the transaction.
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