Funeral Benefit Business Regulation 2010
sec.30Trust account ledger to be kept
Start here
Get a plain-English read of sec.30
Turn the raw legal text into a practical explanation grounded in Funeral Benefit Business Regulation 2010.
sec.30 Trust account ledger to be kept
A registered corporation must keep a trust account ledger at its registered office and every other place at which it conducts a funeral benefit business. Maximum penalty—1 penalty unit. A registered corporation must ensure that all entries made in its trust account cash book are immediately entered in its trust account ledger. Maximum penalty—1 penalty unit. (sec.30-ssec.1) A registered corporation must keep a trust account ledger at its registered office and every other place at which it conducts a funeral benefit business. Maximum penalty—1 penalty unit. (sec.30-ssec.2) A registered corporation must ensure that all entries made in its trust account cash book are immediately entered in its trust account ledger. Maximum penalty—1 penalty unit.