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Conveyancers Act 2006
67Trust account details to be notified to Director
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67 Trust account details to be notified to Director
(1) Within 14 days after establishing a trust account, a licensee must notify the Director of the number of the account and the name and address of the branch of the ADI at which the account is maintained.
(2) A licensee must notify the Director of any changes to the information notified to the Director under subsection (1) within 14 days after becoming aware of the change.
(3) Within 14 days after closing a trust account, a licensee must notify the Director of the closure.