sec.4Definitions

### sec.4 Definitions In this Act— agent , of a trustee, includes— the manager of the trustee’s financial institution; and the trustee’s accountant or auditor, whether or not an employee of the trustee; and anyone who has been, or acted as, the manager of the trustee’s financial institution or as accountant, auditor or other agent of the trustee. s 4 def agent sub 1997 No. 17 s 49 (1) approved ... s 4 def approved om 1997 No. 55 s 4 (2) approved form see section 37 . s 4 def approved form ins 1995 No. 58 s 4 sch 1 Australian legal practitioner ... s 4 def Australian legal practitioner ins 2004 No. 11 s 596 sch 1 om 2007 No. 24 s 770 sch 1 bank ... s 4 def bank sub 1990 No. 78 s 7 om 1995 No. 58 s 4 sch 1 contributor see the Funeral Benefit Business Act 1982 , section 5 . s 4 def contributor ins 2023 No. 23 s 212 (2) conveyancer ... s 4 def conveyancer om 2007 No. 24 s 770 sch 1 Director-General ... s 4 def Director-General ins 1990 No. 80 s 3 sch 1 om 10 May 1994 RA s 39 financial period , for a trustee, means— for the first period after the trustee becomes a trustee—the period (not more than a year) starting on the day the trustee becomes a trustee and ending on 31 March; or for any other period—a year ending on 31 March. s 4 def financial period sub 1997 No. 55 s 4 (2) – (3) funeral benefit agreement see the Funeral Benefit Business Act 1982 , section 5 . s 4 def funeral benefit agreement ins 2023 No. 23 s 212 (2) Minister ... s 4 def Minister sub 1990 No. 80 s 3 sch 1 om 10 May 1994 RA s 39 moneys includes an instrument for the payment of money in any case where the instrument may be paid into a financial institution. s 4 def moneys amd 1997 No. 17 s 49 (2) moneys received for or on behalf of any person includes moneys held for or on behalf of any person whether originally received for or on the person’s behalf or not. person ... s 4 def person ins 1974 No. 22 s 2 om 1995 No. 58 s 4 sch 1 public accountant means a person who as a principal either alone or with others carries on the business of— general accountancy; or the auditing of accounts; or general accountancy and the auditing of accounts; and who places the person’s services in such regard at the disposal of the public generally for remuneration and whose services are not either entirely or mainly at the disposal of any individual, firm, trust or association (corporate or unincorporate). Public Trustee ... s 4 def Public Trustee om 1995 No. 58 s 4 sch 1 repealed Acts ... s 4 def repealed Acts om 1997 No. 55 s 4 (2) solicitor ... s 4 def solicitor sub 2004 No. 11 s 596 sch 1 om 2007 No. 24 s 770 sch 1 supervising entity see section 4E . s 4 def supervising entity ins 1997 No. 55 s 4 (3) trust account means a trust account kept under this Act, whether established before or after 1 July 1973. s 4 def trust account sub 1997 No. 55 s 4 (2) – (3) trustee see section 4AA . s 4 def trustee amd 1997 No. 55 s 4 (4) ; 2007 No. 24 s 770 sch 1 sub 2023 No. 23 s 212 trust moneys , in relation to a trustee, means moneys received for or on behalf of a contributor that is a party to a funeral benefit agreement. s 4 def trust moneys amd 1990 No. 80 s 3 sch 1 sub 2023 No. 23 s 212 Under Secretary ... s 4 def Under Secretary om 1990 No. 80 s 3 sch 1 s 4 amd 1997 No. 55 s 4(1), (8) - (a) the manager of the trustee’s financial institution; and - (b) the trustee’s accountant or auditor, whether or not an employee of the trustee; and - (c) anyone who has been, or acted as, the manager of the trustee’s financial institution or as accountant, auditor or other agent of the trustee. - (a) for the first period after the trustee becomes a trustee—the period (not more than a year) starting on the day the trustee becomes a trustee and ending on 31 March; or - (b) for any other period—a year ending on 31 March. - (a) general accountancy; or - (b) the auditing of accounts; or - (c) general accountancy and the auditing of accounts;