Building Industry Fairness (Security of Payment) Regulation 2018
sec.10IAgreements between commission and financial institutions— Act , s 55
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sec.10I Agreements between commission and financial institutions— Act , s 55
For section 55 (3) (c) of the Act , the following information is prescribed— arrangements for giving information to the commissioner about account details; arrangements for giving information to the commissioner when a trust account has been opened, closed, transferred or had it’s name changed; how information to which the agreement applies is to be given to the commissioner; the frequency with which information to which the agreement applies must be given to the commissioner. s 10I ins 2020 SL No. 241 s 15
- (a) arrangements for giving information to the commissioner about account details;
- (b) arrangements for giving information to the commissioner when a trust account has been opened, closed, transferred or had it’s name changed;
- (c) how information to which the agreement applies is to be given to the commissioner;
- (d) the frequency with which information to which the agreement applies must be given to the commissioner.