NSWIn ForceRegulation
Fair Trading Regulation 2019
17Unclaimed trust money
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#### 17 Unclaimed trust money
17 Unclaimed trust money
> > If money has been held by a commercial agent for more than 2 years in a trust account kept by the commercial agent under clause 14 (unclaimed money), the commercial agent must make reasonable efforts to—
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> > > (a) identify and locate the owner of the unclaimed money, and
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> > > (b) if the owner has been identified and located—ensure the unclaimed money is paid to the owner as soon as practicable after locating the owner.