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LEGAL PROFESSION ACT 1987 - SECT 48ZAB Trust accounts and fidelity fund contributions

This legislation has been repealed.

LEGAL PROFESSION ACT 1987 - SECT 48ZAB

Trust accounts and fidelity fund contributions

48ZAB Trust accounts and fidelity fund contributions

(1) Part 6 applies to a locally registered foreign lawyer who receives money on behalf of another person in the course of practising as a foreign lawyer in the State as if a reference in Part 6:
(a) to a solicitor were a reference to a locally registered foreign lawyer, and
(b) to practising as a solicitor were a reference to a locally registered foreign lawyer practising foreign law.
(2) A locally registered foreign lawyer must not practise foreign law in the State in partnership with, or as an employee of, a domestic lawyer or firm of domestic lawyers unless the lawyer complies with any requirement made in accordance with the regulations under section 78A by the domestic registration authority concerning contributions to the Fidelity Fund.
(3) In this section, a reference to money is not limited to a reference to money in the State.