South Australian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COMMUNITY TITLES ACT 1996 - SECT 121

121—Interpretation

In this Division, unless the contrary intention appears—

"agent" means a person to whom a community corporation has delegated power to receive and hold money on its behalf;

"auditor" means a registered company auditor within the meaning of the Corporations Act 2001 of the Commonwealth;

"trust account" means an account in which trust money is required to be deposited by an agent;

"trust money" means money received by an agent on behalf of a community corporation.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback