Authorisation for release of Funds

Who can Authorise

  • Where Corporate Trustees, one Director from each; OR
  • Each and every Natural Trustee; OR
  • Where a mix of Corporate and Natural Trustees, each and every Natural Trustee and one Director of each Corporate Trustee; OR
  • Representative being:
    • Solicitor; OR 
    • Licenced conveyancer, listed on the contract.

Notes

Director must authorise pursuant to s127 of the Corporations Act 2001.