Document ID: chunk:federal_register_of_legislation:F2016L01901:reg:18
Version: federal_register_of_legislation:F2016L01901
Segment Type: reg
Provision Reference: reg 18
Character Range: 11499–12223

18  Linked accounts
 (1) This subsection specifies an account to which the following apply:
 (a) the account is opened or maintained as a condition of holding another account in the same ADI;
 (b) the account and the other account are linked in accordance with the terms and conditions of either or both of the accounts.
 (2) This subsection specifies the account described in subsection (1) as the other account.
 (3) The conditions relating to an account specified by subsection (1) or (2) are that, for at least 7 years:
 (a) no deposits have been made into the account and any of the accounts to which it is linked; and
 (b) no withdrawals have been made from the account and any of the accounts to which it is linked.