South Australian Consolidated Acts South Australian Consolidated Acts60—All amounts paid under security bonds to be receipted and paid to
Tribunal
A person who receives money paid under a security bond—
(a)
shall forthwith give or cause to be given to the person paying the money a
receipt specifying the date on which the bond was entered into, the name of
the person by whom the money was paid, the amount paid and the premises in
respect of which it is paid; and
(b)
shall—
(i)
if the person receiving the money is a legal
practitioner, a licensed agent or a licensed land broker acting on behalf of a
landlord—pay the money to the Tribunal within twenty-eight days of its
receipt;
(ii)
in any other case—pay the money to the Tribunal
within seven days of its receipt.
Penalty: Division 8 fine.