665
CurrentFinancial management
Chapter 7Regulatory authorities
Part 7.3Legal Practitioners Funds Management Committee
665 Financial management
(1) The Funds Management Committee may manage its financial affairs in the way it considers appropriate.
(2)
Subsection (1) has effect subject to:
(a)
section 386; and
(b)
requirements of the regulations.
(3) Without limiting subsection (2), the regulations may provide for the following:
(a) the keeping of accounting records and preparation of statements of account;
(b)
the audit of the Fidelity Fund;
(c)
the qualifications of the auditor;
(d)
the auditor's powers and functions.
Regulations
This provision refers to the regulations (the regulations
, the regulations may provide
). Made under this Act:
This Act’s bill:Explanatory statementSecond reading speech
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