{"id":5021,"date":"2022-09-15T02:30:45","date_gmt":"2022-09-15T02:30:45","guid":{"rendered":"https:\/\/acica.org.au\/?page_id=5021"},"modified":"2022-09-15T02:30:45","modified_gmt":"2022-09-15T02:30:45","slug":"acica-deposit-holding-service","status":"publish","type":"page","link":"https:\/\/acica.org.au\/acica-deposit-holding-service\/","title":{"rendered":"<span class=\"caps\">ACICA<\/span> Deposit Holding Service"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-overflow:visible;--awb-flex-wrap:wrap;\"><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-text-transform:none;\"><h1><span class=\"caps\">ACICA<\/span> Deposit Holding Service<\/h1>\n<p><span class=\"caps\">ACICA<\/span> is able to act as Deposit Holder, holding funds in trust for payment of Tribunal fees and expenses, in circumstances where it is not administering the dispute (although it may have acted as the appointing authority).<\/p>\n<p><span class=\"caps\">ACICA<\/span> charges a non-refundable account administration fee for use of the deposit holder service (<span class=\"caps\">ACICA<\/span> Deposit Holder Fee). The <span class=\"caps\">ACICA<\/span> Deposit Holder Fee will be charged upfront for either a six or twelve month period, determined upon consultation with the Tribunal. The parties will be jointly and severally liable for payment of the <span class=\"caps\">ACICA<\/span> Deposit Holder Fee.<\/p>\n<p>As a part of this service, <span class=\"caps\">ACICA<\/span> will provide:<\/p>\n<ul>\n<li>A letter of confirmation of service, setting out the account details for the payment of Tribunal deposits to <span class=\"caps\">ACICA<\/span>\u2019s trust account.<\/li>\n<li>Invoices for the payment of the <span class=\"caps\">ACICA<\/span> Deposit Holder Fee.<\/li>\n<li>Confirmation of receipt of the Tribunal deposits.<\/li>\n<li>Payment of the Tribunal invoices on instruction from the Tribunal.<\/li>\n<li>Trust account disbursement advices to the parties (copied to the Tribunal) showing payments made from <span class=\"caps\">ACICA<\/span>\u2019s trust account and the balance remaining.<\/li>\n<\/ul>\n<p>A copy of the <span class=\"caps\">ACICA<\/span> Deposit Holder Terms may be obtained on request from the Secretariat: <a href=\"mailto:secretariat@acica.org.au\" target=\"_blank\" rel=\"noopener\">secretariat@acica.org.au.<\/a><\/p>\n<p>All parties and the Tribunal must agree to the Terms prior to the provision of the Service.<\/p>\n<p><strong>Additional services<\/strong><br>\n<span class=\"caps\">ACICA<\/span> is pleased to assist Tribunal members with the following additional arrangements:<\/p>\n<ul>\n<li>Printing and binding of awards<\/li>\n<li>Provision of copies of the award to parties.<\/li>\n<\/ul>\n<p>These services will be charged (as directed to either the Tribunal or the parties) at an hourly rate for Secretariat staff time plus the cost incurred with regard to the relevant service \u2014 printing, binding and courier\/registered post.<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - 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