Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) A regulation may provide that prescribed provisions of this part, and any other provisions of this Act relating to trust money and trust accounts, do not apply to incorporated legal practices or multidisciplinary partnerships or apply to them with prescribed changes.
Note This Act is defined in the dictionary.
(2) For the application of a provision of this part, or any other provision of this Act relating to trust money and trust accounts, to an incorporated legal practice or multidisciplinary partnership—
(a) the obligations and rights of a law practice under the provision extend to an incorporated legal practice or multidisciplinary partnership, but only in relation to legal services provided by the practice or partnership; and
(b) money received by a law practice on behalf of someone else includes money received by any officer or employee of the incorporated legal practice or multidisciplinary partnership on behalf of someone else in the course of providing legal services.