52
In forceTransfers between trust banking account and territory banking account
Part 7Trust money
52 Transfers between trust banking account and territory banking account
Amounts may only be transferred between a trust banking account and the territory banking account—
(a)
to facilitate investment of the trust money; or
(b)
to make a payment required by section 53A (6) (Unclaimed trust money).
This Act’s bill:Explanatory statement
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