CONVEYANCERS LICENSING ACT 2003 - SECT 66
Secretary may require information
CONVEYANCERS LICENSING ACT 2003 - SECT 66
Secretary may require information
66 Secretary may require information
(1) The Secretary may by notice in writing served on a licensee require the
licensee to furnish to the Secretary in the manner required by the notice a
statement in writing setting out full particulars as to any of the following--
(a) the name of the trust account on which the licensee operates in accordance
with this Act, the name of the authorised deposit-taking institution at which
the account is current, the balance of the money standing to the credit of the
account as at a date specified in the notice, and particulars of all cheques
drawn on the account as at such date and not presented and duly paid,
(b) any
money paid by any person to the licensee or received by the licensee for or on
behalf of any person in connection with the licensee's business as a licensee
and, if not still held by the licensee, the manner and time of its
disbursement,
(c) any transaction by or with the licensee as a licensee.
(2)
The licensee must comply with a notice under this section within 7 days after
it is served on the licensee.
(3) A notice under this section cannot relate
to any transaction by or with the licensee more than 3 years before the notice
is served on the licensee.
