South Australian Current Regulations South Australian Current Regulations27—Authorisation of fees, costs and disbursements (section 123(b)
of Act)
(1) An agent may
withdraw money from a trust account held on behalf of a community corporation
in satisfaction of a claim that the agent has against the corporation for
fees, costs or disbursements if the corporation has agreed in writing to pay
to the agent those fees, costs or disbursements.
(2) An agent who
becomes entitled to money held in the agent's trust account in or towards
satisfaction of the agent's fees, costs or disbursements must, as soon as
practicable (and in any event within 3 months), transfer the money to an
account maintained by the agent for receipts other than trust money.
Maximum penalty: $500.