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Community Land Management Act 2021
82Accounts of association
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82 Accounts of association
82 Accounts of association
(1) An association must pay amounts that are received by it and are not otherwise invested in accordance with this Act into an account established in an authorised deposit-taking institution in the name of the association.
(2) This section does not apply to an association that has appointed a managing agent to whom the duty of the association under this section is delegated in accordance with this Act.