sec.36AAll retention amounts withheld to be released from retention trust account

### sec.36A All retention amounts withheld to be released from retention trust account This section applies if a contracted party becomes entitled to the release of a retention amount held in a retention trust. The trustee must not release the retention amount other than by— withdrawing the amount from the retention trust account; and depositing the amount into the contracted party’s account at a financial institution. Maximum penalty—200 penalty units or 1 year’s imprisonment. s 36A ins 2018 No. 17 s 176W sub 2020 No. 24 s 63 (sec.36A-ssec.1) This section applies if a contracted party becomes entitled to the release of a retention amount held in a retention trust. (sec.36A-ssec.2) The trustee must not release the retention amount other than by— withdrawing the amount from the retention trust account; and depositing the amount into the contracted party’s account at a financial institution. Maximum penalty—200 penalty units or 1 year’s imprisonment. - (a) withdrawing the amount from the retention trust account; and - (b) depositing the amount into the contracted party’s account at a financial institution.