Victorian Numbered Regulations

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CONVEYANCERS (TRUST ACCOUNT AND GENERAL) REGULATIONS 2018 (SR NO 62 OF 2018) - REG 5

Definitions

In these Regulations—

"authorised employee" of a licensee means an employee authorised by the licensee under regulation 6;

"BSB number" (Bank State Branch number) means the number assigned to identify a particular branch of a particular ADI;

"direct deposit" means a deposit made by transferring money directly from one account into another without the use of a cheque or cash;

"matter description" means a brief phrase or expression assigned by a conveyancing business to describe a matter;

"matter reference" means a number or other reference assigned by a conveyancing business to identify a matter;

"the Act" means the Conveyancers Act 2006 .

Division 1—Authorised employees



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