Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) If it appears to the registrar that there may be a deficiency in the trust account of a licensed dealer or dealers, the registrar may, by written notice to the manager or other principal officer of the bank, credit union or building society where the trust account is maintained, direct the manager or other principal officer not to pay any money out of the trust account without the registrar's authority.
(2) The manager or other principal officer shall comply with a direction given under subsection (1).
Maximum penalty: 50 penalty units.