QLDIn ForceRegulation
Trust Accounts Regulation 1999
sec.3Books, accounts and records to be kept by trustees
Start here
Get a plain-English read of sec.3
Turn the raw legal text into a practical explanation grounded in Trust Accounts Regulation 1999.
sec.3 Books, accounts and records to be kept by trustees
A trustee must keep the following books, accounts and records— a register of trust account receipt forms; a trust account receipt book of consecutively machine numbered receipt forms in duplicate; a trust account deposit book of trust account deposit forms in duplicate; a trust account cash book; a trust account journal of consecutively machine numbered folios; a trust account ledger; a trust account investment ledger.
- (a) a register of trust account receipt forms;
- (b) a trust account receipt book of consecutively machine numbered receipt forms in duplicate;
- (c) a trust account deposit book of trust account deposit forms in duplicate;
- (d) a trust account cash book;
- (e) a trust account journal of consecutively machine numbered folios;
- (f) a trust account ledger;
- (g) a trust account investment ledger.