Records and accounts of law practice under management
509 Records and accounts of law practice under management
The manager for a law practice must keep records and accounts relating to the management of the practice—
separately from the management of the affairs of the law practice before the manager’s appointment; and
separately from the affairs of another law practice that the manager is managing; and
in the way prescribed under a regulation.
Subject to subsection (1), the manager for a law practice must deal with trust money of the practice in the same way as a law practice must deal with trust money.
This provision refers to the regulations (a regulation
). Made under this Act:
- Legal Profession Regulation 2017
- Legal Profession (Australian Solicitors Conduct Rules) Notice 2024
- Legal Profession (Barristers Rules) Notice 2025
1 more instrument made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandum
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.