South Australian Current Acts

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

COMMUNITY TITLES ACT 1996 - SECT 123

123—Withdrawal of money from trust account

An agent may withdraw money from a trust account

            (a)         in exercise of powers delegated to the agent by the community corporation; or

            (b)         in satisfaction of a claim for fees, costs or disbursements (that are authorised by the regulations) that the agent has against the corporation; or

            (c)         to satisfy an order of a court against the corporation; or

            (d)         for making any other payment authorised by law.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback