Australian Capital Territory Repealed ActsThis legislation has been repealed.
(1) If, at any time, the council considers that the fund is not sufficient to satisfy the liabilities of the law society in relation to the fund, the council may impose a levy of such amount as it thinks fit for payment into the fund.
(2) Subject to this section—
(a) a levy imposed under subsection (1) is payable on the date fixed by the council; and
(b) a levy imposed under subsection (1) is payable by each solicitor who, on that date, holds an unrestricted practising certificate.
(3) The council may, if
it thinks the circumstances so warrant, extend the time for the payment of a
levy by a solicitor, and, in such a case, the levy is payable by that
solicitor on the date fixed by the council under this subsection.