Australian Capital Territory Numbered Acts

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LEGAL PROFESSION ACT 2006 (NO. 25 OF 2006) - SECT 315

Approval of indemnity fund

    (1)     The relevant council for an Australian legal practitioner may, in writing, approve an indemnity fund to be a fund to which the practitioner may make contributions.

    (2)     Without limiting subsection (1), an approval may be given in relation to a fund established under a corresponding law.

    (3)     An approval is a notifiable instrument.

Note     A notifiable instrument must be notified under the Legislation Act.

    (4)     In this section:

"indemnity fund" means a fund established to assist in meeting claims against Australian legal practitioners in relation to the conduct of the practitioner's practice other than claims involving a dishonest act or omission.



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