Australian Capital Territory Numbered Acts

LEGAL PROFESSION AMENDMENT ACT 2007 (NO. 28 OF 2007) - SECT 99

insert

    (4)     A reference in this part to a power given to a law practice or an associate of the practice to deal with money for or on behalf of someone else is a reference to a power given to the practice or associate that is exercisable by—

        (a)     the practice alone; or

        (b)     an associate of the practice alone (otherwise than in a private and personal capacity); or

        (c)     the practice or an associate of the practice jointly or severally, or jointly and severally with either of the following:

              (i)     1 or more associates of the practice;

              (ii)     the person, or 1 or more nominees of the person, for whom or on whose behalf the money may or is to be dealt with under the power.