Legal Profession Act 2006

(1) The regulations may authorise the Law Society and the Funds Management Committee to enter into arrangements (fidelity protocols) with corresponding authorities for or with respect to matters to which this Part relates.

(2) Without limiting subsection (1), the regulations may authorise the making of a fidelity protocol that provides that the Society or Committee is taken to have:

(a) requested a corresponding authority to act as agent of the Society or Committee in specified classes of cases; or

(b) agreed to act as agent of a corresponding authority in specified classes of cases.

(a) provide for the amendment, revocation or replacement of a fidelity protocol; or

(b) provide that a fidelity protocol does or specified classes of fidelity protocols do not have effect in this jurisdiction unless approved in accordance with the regulations.