Australian Capital Territory Numbered Regulations

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ACT CIVIL AND ADMINISTRATIVE TRIBUNAL (TRANSITIONAL PROVISIONS) REGULATION 2009 (NO 2 OF 2009) - REG 66

Agents Act—trust money

    (1)     Trust money held under the Agents Act 2003 immediately before the commencement day—

        (a)     is, for the Act, an amount received under the Agents Act 2003 ; and

        (b)     must, as soon as practicable, be paid into the ACAT trust account.

Note     The Financial Management Act 1996 , s 51B deals with transfers of amounts between trust banking accounts.

    (2)     In this section:

"trust money"—see the Agents Act 2003 , section 162 as in force immediately before the commencement day.



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