Conveyancers Licensing Act 2003

The Secretary may by notice in writing served on a licensee require the licensee to furnish to the Secretary in the manner required by the notice a statement in writing setting out full particulars as to any of the following—

the name of the trust account on which the licensee operates in accordance with this Act, the name of the authorised deposit-taking institution at which the account is current, the balance of the money standing to the credit of the account as at a date specified in the notice, and particulars of all cheques drawn on the account as at such date and not presented and duly paid,

any money paid by any person to the licensee or received by the licensee for or on behalf of any person in connection with the licensee’s business as a licensee and, if not still held by the licensee, the manner and time of its disbursement,

any transaction by or with the licensee as a licensee.

The licensee must comply with a notice under this section within 7 days after it is served on the licensee.

A notice under this section cannot relate to any transaction by or with the licensee more than 3 years before the notice is served on the licensee.