New South Wales Consolidated Acts

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LEGAL PROFESSION ACT 2004 - SECT 489

Regulations and rules relating to managed investment schemes

489 Regulations and rules relating to managed investment schemes

Without limiting section 493 (Regulations and rules relating to Part), the regulations and legal profession rules may include provisions for the purpose of:

(a) ensuring that the operation of a managed investment scheme by a responsible entity is kept separate from a solicitor’s practice, and
(b) ensuring that clients of a solicitor are aware that the operation of such a managed investment scheme does not form part of the solicitor’s practice.



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