23Authorised deposit-taking institution accounts

### 23 Authorised deposit-taking institution accounts > > (1)  [*\[Section 23 Subsection (1) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000\]*](/view/html/inforce/2000-01-01/act-1999-074#JS2@Ja2@GC1@EN) *\[Section 23 Subsection (1) amended by No. 62 of 1996, s. 3 and Sched. 1 \]*The Council must open and maintain at least one account in an authorised deposit-taking institution in this State. > > > (2)  The Council must pay any money received by it into the account referred to in [subsection (1)](#GS23@Gs1@EN) . > > > (3)  Payment of money into the account referred to in [subsection (1)](#GS23@Gs1@EN) is taken to be a payment of money into the Aboriginal Land Council of Tasmania Fund.