THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.6 - MONEY AND SCRIP OF DEALERS' CLIENTS

SECTION 871   TRUST MONEY NOT AVAILABLE IN RESPECT OF DEALER'S OWN DEBTS  

871(1)  [Trust money not to pay licensee's debts]  

Subject to this Part, money in a trust account of the holder of a licence is not available for the payment of a debt or liability of the licensee.

871(2)  [Trust money not to be attached, etc.]  

Subject to this Part, money in a trust account of the holder of a licence (including a licence within the meaning of a law corresponding to this section) is not liable to be attached, or taken in execution, under the order or process of a court at the instance of a person suing in respect of such a debt or liability.