AustLII Tasmanian Consolidated Acts

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LEGAL PROFESSION ACT 2007 - SECT 636

Trust deposit accounts

(1)  The Trust is to establish in an ADI in Tasmania as many accounts as it thinks fit, to be known as trust deposit accounts.
(2)  The funds of a trust deposit account consist of all money deposited to the credit of that account pursuant to –
(a) section 258 (Unclaimed money); and
(b) section 352 (Deposit of trust money into designated trust deposit account); and
(c) section 357 (Trust to invest interest).



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