42Banking accounts

42 Banking accounts (1) The commission may open and maintain an account or accounts with an approved financial institution or approved financial institutions in the ACT and shall maintain at all times at least 1 such account. (2) The commission shall pay all money received by it into an account referred to in this section. Finances of commission Part 7 (3) Payment of money (other than money received or held by the commission on trust and money referred to in section 41 (4)) into an account referred to in this section shall be deemed to be payment of the money into the fund. (4) The commission shall ensure that any money received or held by the commission on trust is paid into an account that does not, or accounts that do not, contain any money of the commission not held on trust. (5) The commission shall ensure that money referred to in section 41 (4) is paid into an account that does not, or accounts that do not, contain money of the commission other than money referred to in that subsection. (6) In this section: approved financial institution means the Reserve Bank of Australia or another financial institution approved by the Minister.