South Australian Current Regulations South Australian Current RegulationsA collection agent must keep detailed records of all trust money received by
the agent and of any disbursement of, or other dealing with, that money and
must compile detailed accounts of those receipts and disbursements that—
(a)
accurately disclose the state of the trust account maintained by the agent;
and
(b)
enable the receipt and disposition of trust money to be conveniently and
properly audited; and
(c)
comply with the requirements set out in regulations 29, 30 and 31.
Maximum penalty: $2 500.