NSWIn ForceAct
Conveyancers Licensing Act 2003
77Secretary required to be notified where no money held or received on behalf of another person
Start here
Get a plain-English read of 77
Turn the raw legal text into a practical explanation grounded in Conveyancers Licensing Act 2003.
#### 77 Secretary required to be notified where no money held or received on behalf of another person
77 Secretary required to be notified where no money held or received on behalf of another person
> > (1) A licensee who in the course of the audit period applicable to the licensee neither received nor held any money for or on behalf of any other person must, within the period of 3 months after that day, notify the Secretary, in the form approved by the Secretary, of that fact.
> >
> > Maximum penalty—100 penalty units.
>
> > (2) Without limiting the form of notice that may be approved under subsection (1), the form may be an electronic form accessible on a publicly available website.
>
> **s 77:** Am 2017 No 25, Sch 2.2 \[1\] \[2\].