LEGAL PROFESSION ACT 1987 - SECT 114K Termination of management
This legislation has been repealed.
LEGAL PROFESSION ACT 1987 - SECT 114K
Termination of management114K 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.