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Home/Legislation/Conveyancers Act 2006/92

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Conveyancers Act 2006

92ADIs to notify Director of trust accounts

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92 ADIs to notify Director of trust accounts (1) Within 14 days after a licensee opens a trust account with an ADI, the ADI must notify the Director of the following details— (a) the name of the licensee; and (b) the number of the account; and (c) the name and address of the branch of the ADI where the account is maintained. (2) An ADI 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.

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Section 92 - Conveyancers Act 2006 - ADIs to notify Director of trust accounts — Zoe