Victorian Numbered Acts

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CONVEYANCERS ACT 2006 (NO 75 OF 2006) - SECT 75

Protection of trust money

    (1)     Money standing to the credit of a trust account maintained by a licensee is not available for the payment of debts of the licensee or any associate of the licensee.

    (2)     Money standing to the credit of a trust account maintained by a licensee is not liable to be attached or taken in execution for satisfying a judgment against the licensee or any associate of the licensee.

    (3)     This section does not apply to money to which a licensee or an associate of a licensee is entitled.



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