Queensland Consolidated Regulations

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AGENTS FINANCIAL ADMINISTRATION REGULATION 2014 - REG 21

Trust account cash book entries to be posted to ledger account

21 Trust account cash book entries to be posted to ledger account

A principal agent must, within 2 business days after the day trust money is received or paid, ensure that each entry in the trust account cash book is posted to the trust ledger account for the person on whose behalf the trust money is received or paid.

Penalty—
Maximum penalty—10 penalty units.



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