NSWIn ForceAct
Conveyancers Licensing Act 2003
24Duty of licensee to notify failure to account
Start here
Get a plain-English read of 24
Turn the raw legal text into a practical explanation grounded in Conveyancers Licensing Act 2003.
24 Duty of licensee to notify failure to account
24 Duty of licensee to notify failure to account
(1) A licensee must notify the Secretary as soon as practicable after becoming aware of any failure to account by the licensee.
Maximum penalty—50 penalty units.
(2) In this section—
failure to account has the same meaning as in Part 8 (Management and receivership).