South Australian Current Regulations

COMMUNITY TITLES REGULATIONS 2011 - REG 32

32—Reconciliation statements

At the end of each month, reconciliation statements must be prepared—

            (a)         reconciling the balance of the agent's cash books, or equivalent computer records, kept under regulation 30 with the balance of the agent's trust account; and

            (b)         reconciling the balances of the ledgers comprised in the agent's trust ledger accounts with the balance of the agent's trust account,

(but the agent is not required to set out in a statement a list of individual balances, or the names of the corporations on whose behalf money is held).