sec.9Completed trust account receipt form to contain particular information

sec.9 Completed trust account receipt form to contain particular information

Each trust account receipt form must contain the following particulars— the name of the principal agent on whose behalf the receipt is completed; the agent’s licence number; the date— the trust money was received; and the receipt is completed; the name of the person completing the receipt form and, if the receipt form is from a receipt book or is a hard copy of a computer entry, the person’s signature; the name of the person for whom the receipt is completed; the name of, or other means of identifying, the person on whose behalf the trust money is received; using a code to identify the person, for example, S4 stands for N. Smith a brief description of the matter for which the trust money is received; the amount of trust money received, expressed in figures; how the trust money was received, for example, in cash, by cheque, by direct deposit or by electronic funds transfer; if the trust money received is rent— the address of the rented premises; and the day up to which the rent is paid; if the trust money received is payment from a prospective buyer for an option to purchase a used motor vehicle for sale on consignment, the vehicle’s— make; and body model; and colour; and engine number or, if the vehicle is a caravan, the chassis number; and identification number; and registration number; and built date. In this section— built date see the Motor Dealers and Chattel Auctioneers Act 2014 , schedule 1 , section 3C . s 9 amd 2021 SL No. 170 s 4 (sec.9-ssec.1) Each trust account receipt form must contain the following particulars— the name of the principal agent on whose behalf the receipt is completed; the agent’s licence number; the date— the trust money was received; and the receipt is completed; the name of the person completing the receipt form and, if the receipt form is from a receipt book or is a hard copy of a computer entry, the person’s signature; the name of the person for whom the receipt is completed; the name of, or other means of identifying, the person on whose behalf the trust money is received; using a code to identify the person, for example, S4 stands for N. Smith a brief description of the matter for which the trust money is received; the amount of trust money received, expressed in figures; how the trust money was received, for example, in cash, by cheque, by direct deposit or by electronic funds transfer; if the trust money received is rent— the address of the rented premises; and the day up to which the rent is paid; if the trust money received is payment from a prospective buyer for an option to purchase a used motor vehicle for sale on consignment, the vehicle’s— make; and body model; and colour; and engine number or, if the vehicle is a caravan, the chassis number; and identification number; and registration number; and built date. (sec.9-ssec.2) In this section— built date see the Motor Dealers and Chattel Auctioneers Act 2014 , schedule 1 , section 3C .