Provisions about payment of contribution or levy
395 Provisions about payment of contribution or levy
Subsections (2) and (3) apply if:
(a) a legal practitioner is eligible to be a member of more than one class of legal practitioner mentioned in section 392(1) or 394(3); and
(b) the amount of the contribution or levy payable by members of each of the classes is different; and
(c) the legal practitioner wishes to claim membership of one of the classes other than the one for which members must pay the highest contribution or levy.
(2) The legal practitioner must give the Funds Management Committee a statutory declaration specifying the class to which the legal practitioner claims membership.
(3) If the legal practitioner does not give the Committee a statutory declaration under subsection (2) when paying a contribution or levy:
(a) the practitioner is taken to be a member of the class to which the practitioner is eligible to be a member and for which members must pay the highest contribution or levy; and
the practitioner must pay that contribution or levy.
(4) The Committee may, in a special case, allow a legal practitioner further time in which to pay a contribution or levy or part of it.
(5) If a legal practitioner does not pay the amount of a contribution or levy payable by the practitioner by the date it is required to be paid or, if the Committee allows the practitioner further time to pay under subsection (4), within the further time allowed:
(a) the amount of the unpaid contribution or levy is a debt owing to the Committee by the practitioner; and
(b) the Committee must, as soon as practicable, give written notice to the Law Society of the practitioner's failure.
This Act’s bill:Explanatory statementSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.