Auckland Standards Committee 2 v Burcher [2018] NZLCDT 37 [pdf, 276 KB]
...company’s trust account until 24 August 2015. [41] There was a further delay before Mr Burcher placed the deposit into interest- bearing deposit on 30 September 2015. [42] Then, prior to the settlement date, in late November 2015 at Mr K’s request, because he had a temporary liquidity problem, Mr Burcher refunded $10,000 of the deposit to Mr K on a temporary basis. 7 By transfer from the purchaser’s funds held in the trust accoun...