Victorian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CONVEYANCERS ACT 2006 - SECT 105

Trust and controlled money rules for statutory manager

    (1)     The provisions of Part 5 apply to the records and accounts kept by a statutory manager in respect of a conveyancing business in the same way that they apply to the records and accounts kept by a licensee.

    (2)     The trust records, trust accounts and controlled money accounts of a conveyancing business under statutory management must be kept separately from—

        (a)     the records and accounts of the conveyancing business that existed prior to the appointment of the statutory manager; and

        (b)     the trust records, trust accounts and controlled money accounts of any other conveyancing business in respect of which the statutory manager has been appointed.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback