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LEGAL PROFESSION ACT 1987 - SECT 114K Termination of management

This legislation has been repealed.

LEGAL PROFESSION ACT 1987 - SECT 114K

Termination of management

114K Termination of management

When a solicitor's practice ceases to be under management, any money held by the manager in connection with the practice is (after re-imbursement of any money paid by the Law Society or out of the Public Purpose Fund in satisfaction of claims and amounts paid or payable under Parts 7, 8 and 8A and after payment of the expenses of the management of the practice) to become the property of the solicitor.