LEGAL PROFESSION ACT 2006 - SECT 315 Approval of indemnity fund
LEGAL PROFESSION ACT 2006 - SECT 315
Approval of indemnity fund(1) The relevant council for an Australian legal practitioner may approve an indemnity fund to be a fund to which the practitioner may make contributions.
(2) 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.