LEGAL PROFESSION ACT 2006 - SECT 227 Protection of trust money
LEGAL PROFESSION ACT 2006 - SECT 227
Protection of trust money(1) Money standing to the credit of a trust account kept by a law practice is not available for the payment of debts of the practice or any of its associates.
(2) Money standing to the credit of a trust account kept by a law practice is not liable to be attached or taken in execution for satisfying a judgment against the practice or any of its associates.
(3) This section does not apply to money to which a law practice or associate is entitled.