Payments out of trust account
20(1)No money shall be drawn from a trust account except in accordance with the terms on which it was received.
20(2)If an agent’s licence is suspended or cancelled under this Act, the Director may order the institution in which the agent’s trust account is held to refrain from paying out all or any part of the money in the account for the period of the suspension or cancellation.
R.S.1973, c.R-1, s.13; 1983, c.75, s.13; 2016, c.36, s.15