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LEGAL PROFESSION ACT 2006 - SECT 141 Conflicts of interest—multidisciplinary partnerships

LEGAL PROFESSION ACT 2006 - SECT 141

Conflicts of interest—multidisciplinary partnerships

    (1)     For the application of this Act or any other territory law relating to conflicts of interest to the conduct of an Australian legal practitioner who is—

        (a)     a legal practitioner partner of a multidisciplinary partnership; or

        (b)     an employee of a multidisciplinary partnership;

the interests of the partnership or any partner of the partnership are also taken to be interests of the practitioner (in addition to any interests that the practitioner has apart from this subsection).

Note     This Act is defined in the dictionary.

    (2)     The legal profession rules may make provision in relation to additional duties and obligations in relation to conflicts of interest arising out of the conduct of a multidisciplinary partnership.

Note     Under s 140 (Obligations and privileges of practitioners who are partners or employees of multidisciplinary partnerships), an Australian legal practitioner who is a partner or employee of a multidisciplinary partnership must comply with the same professional obligations as other practitioners.