21
CurrentIntermixing money
Schedule 2Trust money and trust accounts
Part 2Trust accounts and trust money
21 Intermixing money
(1)
A law practice must not, otherwise than as permitted by subclause (2), mix trust money with other money.
Maximum penalty: $50 000.
(2)
A law practice is permitted to mix trust money with other money to the extent only that is authorised by the Society and in accordance with any conditions imposed by the Society in relation to the authorisation.
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