CONVEYANCERS ACT 2006 - SECT 76 Intermixing money
CONVEYANCERS ACT 2006 - SECT 76
Intermixing money(1) A licensee must not mix trust money with other money, except in accordance with subsection (2).
Penalty: 120 penalty units.
S. 76(2) inserted by No. 17/2007 s. 25(2).
(2) A licensee is permitted to mix trust money with other money to the extent only that is authorised by the Director and in accordance with any conditions imposed by the Director in relation to the authorisation.