CONVEYANCERS ACT 2006 - SECT 73A Trust money subject to specific powers

Victorian Current Acts

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CONVEYANCERS ACT 2006 - SECT 73A

Trust money subject to specific powers

Subject to section 74, a licensee must ensure that trust money that is the subject of a power given to the licensee or an associate of the licensee is dealt with by the licensee or associate only in accordance with the power relating to the money.

Penalty: 120 penalty units.

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