reg 23
In forceTransfer of money from trust account to office account
Part 3Trust accounts and indemnity fund
Division 2Trust accounts
23 Transfer of money from trust account to office account
An agent who becomes entitled to money held in the agent's trust account in or towards satisfaction of the agent's commission, fees, costs or disbursements must, as soon as practicable and in any event within
3 months, transfer the money to an account maintained by the agent for receipts other than trust money.
Maximum penalty: Maximum penalty: $2 500.
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