Examples of Client Money in a sentence
Client Money is held on trust for the client entitled to it, or if the money is invested in accordance with the Australian Client Money Rules, the investment is held on trust, in accordance with the Agreements, for the party entitled to it.
All moneys deposited by you to credit your Account is Client Money within the meaning of the Australian Client Money Rules, which are provisions of the Corporations Act, and will be held in an account with an Australian ADI or an approved foreign bank in accordance with the Australian Client Money Rules.
Client Money Rules the provisions in SIR relating to client money (as amended from time to time).
You are referred to clause 23 of this Client Agreement and Section 7 of our PDS for a description of the operation of the Australian Client Money Rules and how you are affected by them.
We may invest any of your money held in any client money trust account in the kinds of investments as permitted by the Australian Client Money Rules and you irrevocably and unconditionally authorise us to undertake any such investment.