Notification of opening a trust account - Real estate

REAL ESTATE AND BUSINESS AGENTS Part VI Real Estate and Business Agents Act 1978 NOTIFICATION OF OPENING A TRUST ACCOUNT

Agents should advise the Commissioner for Consumer Protection as soon as practicable when a trust account is opened. Note that this is not required for separate interest bearing trust accounts. Lodge this form by email to audits@dmirs.wa.gov.au, by fax (08) 6251 2801, or by post to Locked Bag 100 East Perth WA 6892. 

The designation of the trust account must include the name of the holder of the triennial certificate, business name of the holder of the triennial certificate (if any), the description “REBA Trust Account” and the letters “TC” followed by the triennial certificate number.