4. Section 3 of the Principal Act is amended—
(a) by omitting “89” from the definition of “trust moneys” and substituting “87”;
(b) by omitting the definition of “relevant administrative unit”; and
(c) by inserting the following definition:
“ ‘controlled moneys' means moneys (other than trust moneys) or valuable securities of a client to which a solicitor has access, or over which the solicitor has direct or indirect control, in the course of, or in connection with, his or her practice;”.