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					                                                             2006 Licensee Trust Moneys Return
                                                             For year ended 30 June 2006
                                                             Property Stock and Business Agents Act 2002 – Sections 111 & 113


Licensee                                     CORPORATION                                                            Licence Number:




The required audit documentation must be lodged by you by no later than 30 September 2006.
Penalties Note below
A failure to lodge the correct audit documentation by the required date can result in the licensee corporation
being served with a penalty notice fine of $1100, or alternatively, court prosecution action being taken resulting
in a fine up to $11000. Additionally, if trust moneys are held, a failure to lodge the Certificate of Audit of Trust
Account 2006 Auditor’s Report Booklet on time can result in show cause action for the disqualification of the
corporation licence, requiring the business to have to cease trading from the date of the determination.
An extension of time cannot be given for accounting workload problems that may arise. Licensees and auditors
should program to ensure that they have provided appropriate timeframes to complete and lodge the Certificate
of Audit of Trust Account 2006 Auditor’s Report Booklet on or before the due date.

EITHER                       If the corporation DID NOT receive or hold trust moneys during the year, in its own
                             right, an authorised officer as declarant, should complete this Statutory Declaration
                             before a Justice of the Peace (or before a Solicitor)

                                                  Statutory Declaration               Oaths Act 1900

    I,  ________________________________________________________________, an authorised officer of
                            print full name
    __________________________________________________________________________________, do
                                    print corporation full name
    solemnly and sincerely declare that the licensee corporation named above did not receive or hold
    moneys on behalf of any person, in its own right, as a licensee during the year ended 30 June 2006, and I
    make this solemn declaration conscientiously believing the same to be true, according to the provisions of
    the Oaths Act 1900.

Declared at .............................................................. in NSW on .......... /.......... /..........

Signature of Declarant: ......................................................................................................


Before me: ............................................................................................................................(Justice of the Peace)

OR,                          If the corporation DID receive or hold trust money, in it’s own right, YOU MUST NOT
                             COMPLETE THE STATUTORY DECLARATION.
INSTEAD                      Instead, you must have the books, papers, accounts and other documents relating to
                             those moneys audited by a registered company auditor. The auditor must complete
                             the attached Certificate of Audit of Trust Account 2006 Auditor’s Report Booklet.
                             Where the corporation is in a partnership lodge together the forms of all partners with the
                             one Certificate of Audit of Trust Account Auditor’s Report Booklet of the partnership
                                                Tick this box if the completed report is qualified by the auditor.

                                                Licensee signature __________________________                                             /        /20
See Reverse also.
You can view or download more about your audit requirements at the following site;
http://www.fairtrading.nsw.gov.au/realestaterenting/agentsmanagers/trustaccountauditrequirements.html
Have you changed your address?
Where to lodge the documentation
See Reverse side.
General Instructions                                                                      CORPORATION
For year ended 30 June 2006

There is a time limit to lodge the required documentation

If no trust moneys held – Statutory Declaration
If the licensee corporation have not received or held trust moneys, in its own right, an offence under the
Act will be committed if the completed Statutory Declaration is not lodged with the Office of Fair Trading
on or before 30 September 2006.
[Note: if the licensee corporation did not hold trust moneys and has been placed under liquidation,
receivership, management/administration, a scheme of arrangement or deregistered the Statutory
Declaration should be complete, with words to that effect, before a Justice of the Peace (or before a
Solicitor).]

If trust moneys held - Certificate of Audit of Trust Account 2006 Auditor’s Report Booklet
If the licensee corporation is required to have an audit undertaken an offence under the Act will be
committed if the Certificate of Audit of Trust Account Auditor’s Report Booklet is not lodged with
the Office of Fair Trading on or before 30 September 2006.
[Note: if the licensee corporation has been placed under liquidation, receivership, management/
administration, a scheme of arrangement or deregistered the audit should still be carried out in
accordance with these instructions.]

A further offence will be committed if the Certificate of Audit of Trust Account Auditor’s Report
Booklet is not lodged with the Office of Fair Trading within 14 days of it being received from the auditor
regardless of when this occurs within the three months following 30 June 2006.




Change of address
Has the corporation changed its address?

A licensee is required to notify the Office of Fair Trading of any change in registered address(es) within fourteen
days after the change. A maximum penalty can apply of $5500.

A change in the licensee corporation registered address or mailing address and any associated contact no. should
be notified, in writing, to the following –

The Co-ordinator,
Property Services Licensing,
Office of Fair Trading,

either to PO Box Q164, QVB Post Shop, Sydney NSW 1230
or facsimile (02) 9372-9060.




Where to lodge the documentation
Send to:
           Commissioner for Fair Trading
                                                                          Please remember that the
           Office of Fair Trading                                         Act requires you to retain
           c/- Real Estate Audit Section                                  a copy of the completed
           Locked Bag 5066
                                                                          documents
           Parramatta NSW 2124

				
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