I understand that in the event I break my Term Deposit and if credit interest is being redirected to a nominated account, the nominated account will be direct debited with the relevant interest adjustment, as outlined in the Product Disclosure Statement.
I understand that for terms exceeding 30 days I must provide at least 31 days' notice to close my Term Deposit Account and access funds prior to the maturity date, except in limited hardship related circumstances.
If this is an exempt trust account to which Regulation 34 of the Property, Stock and Business Agents Regulation 2003 (NSW) applies, I hereby notify Macquarie Bank Limited that I am opening a trust account(s) which is exempt from sections 90 and 91 of the Property, Stock and Business Agents Act 2002 (NSW). This trust account(s) is kept on the instruction of a client(s) and is for the exclusive benefit of the client(s) or is for the exclusive benefit of both the vendor and purchaser of land.
I certify that I hold a valid instrument of appointment executed by the body corporate strata plan which authorises the opening of this account.
Note – the Tax File Number of the relevant body corporate strata plan must be provided in order to avoid withholding tax being deducted from the account.
Account will be styled: “Body Corporate Name” CTS “……”
I certify that the body corporate has passed a motion consenting to the opening of the bank account for the purpose of undertaking the financial management arrangements for the scheme in accordance with Section 151 of the Body Corporate & Community Management Act 1997 (QLD) and the regulation module applying to the scheme.
Depending on when the Owners Corporation was registered, the account will be styled in one of the following three ways:
a. BCP “.........”
b. BCSP “...........”
c. PS “...........”
d. OC “...........”
Account will be styled: “Body Corporate Manager Name” ITF SP “……….”
I hereby notify Macquarie Bank Limited that in accordance with section 86(4) of the Property, Stock and Business Agents Act 2002 (NSW), I am operating or opening a trust account(s) required by the Act, which is exempt from sections 90(1), 90(4), 90(5) and 90(6). Trust accounts kept on the instruction of a client for the exclusive benefit of the client or held for the joint benefit of the clients are exempt from sections 90(1), 90(5), 90(6), 91(4), 92, 100 of the Act.
Depending on when the Body Corporate was registered, the account will be styled in one of the following three ways:
a. ‘The owners of SP 1234.........’
b. ‘Strata Manager ITF The owners of [address] SP “1234”’
c. ‘Building Name SP “1234
Please refer to the Product Disclosure Statement for additional information in relation to this account opening request.