Australian Capital Territory Numbered Acts

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LEGAL PROFESSION ACT 2006 (NO. 25 OF 2006) - SECT 485

Records of and dealing with trust money of law practice under supervision

    (1)     A supervisor for a law practice must keep the records of the supervisor's dealings with trust money of the practice—

        (a)     separately from records relating to dealings with trust money before his or her appointment as supervisor; and

        (b)     separately from the affairs of any other law practice for which he or she is supervisor; and

        (c)     in the way prescribed by regulation.

    (2)     Subject to subsection (1), a supervisor for a law practice must deal with the trust money of the practice in the same way as a law practice must deal with trust money.



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