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CONVEYANCERS LICENSING ACT 2003 - SECT 154 Failure to account

CONVEYANCERS LICENSING ACT 2003 - SECT 154

Failure to account

154 Failure to account

(1) In this section--


"failure to account" for money in relation to a licensee has the same meaning as it has in section 92.
(2) A licensee who fails to account for money held by the licensee on behalf of another person is guilty of an offence.
: Maximum penalty--1,000 penalty units for a corporation or 200 penalty units in any other case.