Interpretation
567 Interpretation
In this Chapter:
external intervener means a supervisor, manager or receiver under this Chapter.
external intervention means the appointment of, and the exercise of the powers and functions of, a supervisor, manager or receiver under this Chapter.
regulated property, in relation to a law practice, means the following:
(a) trust money or trust property received, receivable or held by the practice;
(b) interest, dividends or other income or anything else derived from or acquired with money or property referred to in paragraph (a);
(c) documents or records of any description relating to anything referred to in paragraph (a) or (b);
(d) any computer hardware or software, or other device, in the custody or control of the practice or an associate of the practice by which any records referred to in paragraph (c) may be produced or reproduced in visible form.
(2) Other expressions used in this Chapter have the same meaning as in Part 3.1.
This Act’s bill:Explanatory statementSecond reading speech
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