Interstate legal practitioner becoming authorised to withdraw from local trust account

Current

(1)

An interstate legal practitioner who (whether alone or with a

co-signatory) becomes authorised to withdraw money from a local trust account must:

(a)

give notice to the Law Society of the authorisation in accordance with the regulations; and

(b)

make contributions to the Fidelity Fund in accordance with the regulations.

(2)

Without limiting subsection (1), the regulations may determine or provide for the determination of any or all of the following:

(a)

the way in which the notice must be made and the information or material that must be included in or to accompany the notice;

(b)

the amount of the contributions, their frequency and the way in which they must be made.

Regulations

This provision refers to the regulations (the regulations). Made under this Act:

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