ACTIn ForceAct
Agents Act 2003
135Commissioner may operate accounts
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135 Commissioner may operate accounts
(1) The commissioner for fair trading may operate an account in relation
to which a stop direction is in force if satisfied that—
(a) it is necessary that the account be operated; and
(b) the account holder is unable or unwilling to operate the account.
(2) Before operating an account under this section the commissioner for
fair trading must give the authorised deposit-taking institution with
which the account is kept a written notice to the effect that the
operation of the account will be under this section.
Freezing accounts—licensed property agents Division 8.2