Queensland Consolidated Regulations

TRUST ACCOUNTS REGULATION 1999 - REG 32

32 Application for payment

(1) An application to claim for a financial loss suffered from the misapplication of trust moneys by a former trustee must—

(a) state the following—

(i) the claimant’s name;

(ii) the name of the former trustee;

(iii) the amount of the financial loss;

(iv) the amount of the claim;

(v) details about the loss suffered by the claimant; and

(b) be given to the chief executive within 2 months after the day the notice mentioned in section 31 is given; and

(c) be accompanied by a statutory declaration stating the information contained in the application is correct.

(2) However, the chief executive may accept an application given to the chief executive more than 2 months after the day the notice is given.