ACTIn ForceAct
Agents Act 2003
109AChange of owners corporation managing agent—former
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109A Change of owners corporation managing agent—former
agent to give statement and records
(1) This section applies if a person stops being the owners corporation
managing agent for an owners corporation.
(2) The person must, not later than 14 days after the person stops being
the managing agent, give the owners corporation—
(a) a certified copy of the owners corporation’s accounts; and
(b) the records about the management of the owners corporation.
owners corporation managing agent means a person appointed as
manager of an owners corporation for a units plan under the Unit
Titles (Management) Act 2011.
Division 7.3 Periodic returns and quarterly statements
Division 7.3 Periodic returns and quarterly
statements
110 Monthly returns by authorised deposit-taking institutions
(1) An authorised deposit-taking institution commits an offence if—
(a) a trust account is kept with the institution at any time during a
month; and
(b) the institution does not give to the commissioner for fair trading
within 10 business days after the end of the month a written
report that sets out, for the month, details of—
(i) each trust account kept with the institution at any time
during the month; and
(ii) the interest worked out in relation to the trust accounts and
paid under section 109.
(3) This section does not apply in relation to a trust account exempted by