Conveyancers Licensing Act 2003
52Interpretation
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52 Interpretation
52 Interpretation
(1) In this Part—
trust money means money received for or on behalf of any person by a licensee in connection with the licensee’s conveyancing business.
(2) A reference in this Part to a licensee includes a reference to a person who has ceased to be a licensee and to the personal representative of a licensee who has died.
(3) In the application of this Part—
(a) to a person who has ceased to be a licensee, a reference to money received for or on behalf of a person by a licensee is to be read as a reference to money received by that person for or on behalf of any other person in connection with his or her business as a licensee, and
(b) to the personal representative of a licensee who has died, a reference to money received for or on behalf of a person by a licensee is to be read as a reference to money received by that licensee or personal representative for or on behalf of a person in connection with the business carried on by that licensee.
pt 5, div 1 (s 52): Subst 2006 No 33, Sch 1 [18].