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LEGAL PROFESSION ACT 2004 - SECT 195 Trust money and trust accounts

This legislation has been repealed.

LEGAL PROFESSION ACT 2004 - SECT 195

Trust money and trust accounts

195 Trust money and trust accounts

(1) The provisions of Part 3.1 (Trust money and trust accounts), and any other provisions of this Act, the regulations or any legal profession rule relating to requirements for trust money and trust accounts, apply (subject to this section) to Australian-registered foreign lawyers in the same way as they apply to law practices and Australian legal practitioners.
(2) In this section, a reference to money is not limited to a reference to money in this jurisdiction.
(3) The regulations may make provision with respect to the application (with or without modification) of the provisions of this Act, the regulations or any legal profession rule relating to trust money and trust accounts for the purposes of this section.