Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) For this Act, a law practice receives money when—
(a) the practice obtains possession or control of it directly; or
(b) the practice obtains possession or control of it indirectly because of its delivery to an associate; or
(c) the practice is given a power enabling the practice to deal with it, whether alone or with an associate; or
(d) an associate is given a power enabling the associate to deal with it, on behalf of the practice, whether alone or with another associate.
(2) For this Act, a law practice or associate is taken to have received money if the money is available to the practice or associate by means of an instrument or other way of authorising an ADI to credit or debit an amount to an account with the ADI, including, for example, an electronic funds transfer, credit card transaction or telegraphic transfer.
Note An example is part of the Act, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act, s 126 and s 132).