Agents Act 2003
123Duties of commissioner in relation to unclaimed money in
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123 Duties of commissioner in relation to unclaimed money in trust accounts (1) Within 6 months after the day the commissioner for fair trading receives a statement under section 122, the commissioner must prepare a notice— (a) containing details of— (i) the name and last-known address of each person on whose behalf money is held; and (ii) the amount of money held on behalf of the person; and
(b) stating that, if the money is not paid out of the trust account in which it is held within 3 months after the day the notice is notified under the Legislation Act, the person holding the money will be required to pay it to the public trustee and guardian. (2) The notice is a notifiable instrument. (3) The commissioner for fair trading must give additional public notice as soon as practicable after preparing the notice. newspaper circulating in the ACT (see Legislation Act, dict, pt 1). The requirement in s (3) is in addition to the requirement for notification on the legislation register as a notifiable instrument.