New South Wales Consolidated Acts

CIVIL LIABILITY ACT 2002 - SECT 25

25 Obligation of Australian legal practitioners to provide advice

An Australian legal practitioner must advise, in writing, a plaintiff who proposes to negotiate a settlement of a claim for personal injury damages about the following:

(a) the availability of structured settlements,

(b) the desirability of the plaintiff obtaining independent financial advice about structured settlements and lump sum settlements of the claim.