17. Duty of debt collector as to accounts

    (1) A debt collector

    (a) shall keep or cause to be kept full and accurate records of accounts

    (i) of particulars of all trust money; and

    (ii) of particulars of withdrawals and payments of trust money made by him or anyone employed by him;

    (b) shall keep the accounts mentioned in paragraph (a) in such manner that they can be conveniently and properly audited; and

    (c) shall correctly balance those accounts at the end of each month.

    (2) Every entry in the records of accounts deferred to in subsection (1) kept at any place of business of the licensee shall be deemed, unless the contrary is proved, to have been made by or with the authority of the debt collector.

    (3) A person who contravenes any of the provisions of this section is guilty an offence against this Act.



Note: This is not an authorised version. The only authorised version is the hardcopy (printed) version published under authority of the Government Printer, available from the State Law Publisher, 10 William St Perth W.A. 6000.