General powers
45 General powers
Legal Aid may—
acquire, hold or dispose of real and personal property; and
accept an amount or other property on trust, and act as trustee of the amount or other property; and
do anything else that a body corporate may lawfully do, including establishing a superannuation scheme for its employees.
Despite anything in this Act, an amount or other property held by Legal Aid on trust must be dealt with by Legal Aid as trustee under the Trusts Act 2025.
A provision of the Legal Profession Act 2007 about law practices keeping accounts for amounts held by them on trust, or the audit of the accounts, does not apply to an amount held by Legal Aid on trust under this Act.
Legal Aid may invest an amount held by it on trust under the Statutory Bodies Financial Arrangements Act 1982 and an amount resulting from the investment must be applied for this Act.
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