AustLII Tasmanian Numbered Regulations

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PROPERTY AGENTS AND LAND TRANSACTIONS REGULATIONS 2006 (S.R. 2006, NO. 132)

- (S.R. 2006, NO. 132)

TABLE OF PROVISIONS

           Long Title

   PART 1 - Preliminary

   1.      Short title
   2.      Commencement
   3.      Interpretation
   4.      Records to be in English

   PART 2 - Trust Account Records Division 1 - Preliminary

   5.      Trust account records to be kept
   6.      Supervision of trust accounts
   7.      Offence

           Division 2 - Trust money

   8.      Control of trust money

           Division 3 - Trust account receipts

   9.      Trust account receipts to be issued
   10.     Form of trust account receipt

           Division 4 - Trust account deposit records

   11.     Record of trust account deposit to be kept

           Division 5 - Trust account payments

   12.     Trust account payments
   13.     Trust account cheques
   14.     Payments by electronic funds transfer

           Division 6 - Trust account cash book

   15.     Trust account cash books
   16.     Receipt records in trust account cash books
   17.     Payment records in trust account cash books

           Division 7 - Trust account journals

   18.     Trust account general journal

           Division 8 - Trust account ledgers

   19.     Trust account ledgers
   20.     Ledger accounts

           Division 9 - Reconciliations

   21.     Monthly reconciliations

           Division 10 - Schedule of invested trust money

   22.     Schedule of invested trust money

           Division 11 - Preparation and keeping of trust account records

   23.     Where trust account records are to be kept
   24.     Records may be prepared and stored electronically

           Division 12 - Retention and disposal of trust account records

   25.     Retention and disposal of trust account records
   26.     Disposal of records where property agent no longer carrying on
           business

           Division 13 - Miscellaneous

   27.     Notice of trust account
   28.     Trust account reports

   PART 3 - Investing Trust Money

   29.     Investment of trust money

   PART 4 - Audit and Inspection Division 1 - Audits

   30.     Interpretation
   31.     Trust account records to be audited
   32.     Exemptions
   33.     Conduct of audits
   34.     Completion of audits
   35.     Audit report
   36.     Irregularity report by auditor
   37.     Audit report to be given to Board

           Division 2 - Inspections

   38.     Interpretation
   39.     Authorised officers
   40.     Inspection of records

   PART 5 - Property Agents Trust

   41.     Accounts and reports

   PART 6 - Miscellaneous

   42.     Qualifications
   43.     Obligation of partners
   44.     Fees
           SCHEDULE 1

[ Note: This table has been automatically generated and may be incomplete. ]



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