Western Australian Consolidated Regulations

TRAVEL AGENTS REGULATIONS 1986 - SCHEDULE 9

[Regulation 15]

Resolution of the Trustees

        [Heading inserted in Gazette 23 Aug 1991 p. 4358.]

Amendment resolution

The Travel Agents Compensation Fund Trust Deed set out in Schedule 2 and amended in later schedules is amended in clause 2.2 by deleting paragraph (b) and substituting the following paragraph — 

“             (b)         every person who entrusts money or other valuable consideration to another person (or an employee or agent of the other person) in the course of the other person’s carrying on business as a travel agent in a State if either:

                          (i)         that other person; or

                          (ii)         any third or subsequent person who carries on business as a travel agent in a State and who, in turn, receives directly or indirectly through an employee or agent of the third or subsequent person all or part of that money or consideration, other than as a principal,

                fails to account for the relevant money or consideration, whether due to an act or to an omission of that person (or of an employee or agent of that person).         ”.

Made by resolution of the Trustees on 17 October 1990 and resolved by the Trustees that the amendment come into operation on and from 21 December 1990.

        [Schedule 9 inserted in Gazette 23 Aug 1991 p. 4358.]