LAND AGENTS ACT 1994 - SECT 25
LAND AGENTS ACT 1994 - SECT 25
25—ADIs etc to report deficiencies in trust accounts
An ADI with which a trust account has been established must, as soon as
practicable, and in any event within 14 days, after becoming aware of a
deficiency in that account, report the deficiency to the Commissioner.
Maximum penalty: $20 000.