Application of amended show cause event definition and additional obligation to give notice and statement
785 Application of amended show cause event definition and additional obligation to give notice and statement
This section applies to a person who is a local legal practitioner, or a locally registered foreign lawyer, and who—
on the commencement, is a legal practitioner director of an incorporated legal practice that is an externally-administered body corporate under the Corporations Act; or
at any time before the commencement, was a legal practitioner director of an incorporated legal practice while it was an externally-administered body corporate under the Corporations Act.
It is declared that the matter mentioned in subsection (1)(a) or (b) is a show cause event that has happened in relation to the person.
The person must comply with the following for the show cause event—
if the person is a local legal practitioner—section 68;
if the person is a locally registered foreign lawyer—section 193.
For subsection (3), the show cause event is taken to have happened on the commencement.
This Act’s bill:Explanatory memorandum
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