LEGAL PROFESSION ACT 2006 - SECT 485 Records of and dealing with trust money of law practice under supervision

LEGAL PROFESSION ACT 2006 - SECT 485

    (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 their appointment as supervisor; and

        (b)     separately from the affairs of any other law practice for which they are 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.