Victorian Numbered Regulations

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ESTATE AGENTS (GENERAL, ACCOUNTS AND AUDIT) REGULATIONS 2018 (SR NO 48 OF 2018) - REG 13

Register of trust receipts

    (1)     An estate agent who in accordance with section 63 of the Act uses pre-printed trust receipts must keep a register of those receipts which records—

        (a)     the number printed on each receipt; and

        (b)     the date a batch of receipts is received from the printer; and

        (c)     the name of any employee or agent's representative to whom receipts are given; and

        (d)     the date receipts are given to an employee or agent's representative; and

        (e)     the date receipts are returned by an employee or agent's representative.

Penalty:     5 penalty units.

    (2)     For the purposes of subregulation (1), it is sufficient to record the number of the first and last trust account receipts where they are part of a sequence of numbers.



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