757
CurrentWinding-up of trust
Chapter 10Repeals and transitional matters for Legal Profession Act 2006
Part 10.2Transitional matters
Division 16Law Society public purposes trust
757 Winding-up of trust
(1) On the winding-up of the Trust, the Law Society may pay the amount comprising the balance of the Trust Fund to the Funds Management Committee for payment into the Fidelity Fund.
(2)
In this section:
Trust means the trust established by the Trust Deed in the Schedule to the Law Society Public Purposes Trust Act 1988.
Trust Fund means the Trust Fund as defined in the Trust Deed.
This Act’s bill:Explanatory statementSecond reading speech
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