• Specific Year
    Any

LEGAL PROFESSION ACT 2006 - SECT 491 Records and accounts of law practice under management and dealings with trust money

LEGAL PROFESSION ACT 2006 - SECT 491

Records and accounts of law practice under management and dealings with trust money

    (1)     A manager for a law practice must keep the records and accounts of the practice that the manager manages—

        (a)     separately from the management of the affairs of the practice before their appointment as manager; and

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

        (c)     in the way prescribed by regulation.

    (2)     Subject to subsection (1), a manager for a law practice must deal with trust money of the practice in the same way as a law practice must deal with trust money.