Western Australian Current Regulations

REAL ESTATE AND BUSINESS AGENTS (GENERAL) REGULATIONS 1979 - REG 11

11 .         Real Estate and Business Agents Interest Account, application of (Act s. 127)

                For the purposes of section 127 of the Act —

            (a)         moneys standing to the credit of the Real Estate and Business Agents Interest Account are to be applied monthly before the end of each month; and

            (b)         the following proportions are prescribed —

                  (i)         4.5% to the Fidelity Account; and

                  (ii)         57% to the General Purpose Account; and

                  (iii)         38.5% to the Assistance Account.

        [Regulation 11 inserted: Gazette 25 Jun 1996 p. 2920; amended: Gazette 6 Nov 2001 p. 5837; 10 Nov 2009 p. 4495‑6; 30 Jun 2011 p. 2672.]

[ 11A, 11AA and 11B.         Deleted: Gazette 25 Jun 1996 p. 2920.]