(1)  A conveyancer must, before 30 September in each year, provide the Director with a return for the period ending on 30 June in that year.

(2)  The return is to contain any information that the Director requires and, in particular –

(a) the name and location of any trust account in which trust money has been deposited; and

(b) the total amount of all contributions to the trust account; and

(c) a statement of the balance of the trust account; and

(d) a copy of the relevant report prepared under section 30(3) .

(3)  The Director may, in writing, require a conveyancer to provide further and better particulars of any information referred to in subsection (2) and the conveyancer must, within a reasonable period specified by the Director, comply with the requirement.

Penalty:  Fine not exceeding 20 penalty units.

(4)  If a conveyancer fails to comply with this section, his or her licence is taken to be suspended until he or she provides a return in accordance with this section.