### sec.19 Multiple trust accounts not required A licensee who holds more than 1 licence is not required to keep a general trust account for each licence. Also, a collection agent who holds 1 or more licenses is only required to keep 1 general trust account for activities performed as a collection agent and activities performed under the agent’s licence. (sec.19-ssec.1) A licensee who holds more than 1 licence is not required to keep a general trust account for each licence. (sec.19-ssec.2) Also, a collection agent who holds 1 or more licenses is only required to keep 1 general trust account for activities performed as a collection agent and activities performed under the agent’s licence.

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Section sec.19 - Agents Financial Administration Act 2014 - Multiple trust accounts not required — Zoe