QLDIn ForceAct
Agents Financial Administration Act 2014
sec.21When payments may be made from trust accounts
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### sec.21 When payments may be made from trust accounts
An amount paid to a trust account must be kept in the account until it is paid out under this Act.
Maximum penalty—200 penalty units or 2 years imprisonment.
An amount may be paid from a trust account only in a way permitted under this Act.
Maximum penalty—200 penalty units or 2 years imprisonment.
(sec.21-ssec.1) An amount paid to a trust account must be kept in the account until it is paid out under this Act. Maximum penalty—200 penalty units or 2 years imprisonment.
(sec.21-ssec.2) An amount may be paid from a trust account only in a way permitted under this Act. Maximum penalty—200 penalty units or 2 years imprisonment.