Queensland Consolidated Acts Queensland Consolidated Acts(1) Legal Aid may--
(a) acquire, hold or dispose of real and personal property; and
(b) accept an amount or other property on trust, and act as trustee of the amount or other property; and
(c) do anything else that a body corporate may lawfully do, including establishing a superannuation scheme for its employees.
(2) Despite anything in this Act, but subject to subsection (4), an amount or other property held by Legal Aid on trust must be dealt with by Legal Aid as trustee under the Trusts Act 1973.
(3) A provision of the Legal Profession Act 2007 about law practices keeping accounts for amounts held by them on trust, or the audit of the accounts, does not apply to an amount held by Legal Aid on trust under this Act.
(4) The Legal Profession Act 2007, part 3.3, division 6, subdivision 2 applies to an amount held by Legal Aid on trust for a person who is or has been legally assisted and, for this subsection, a reference in that division to a law practice is taken to be a reference to Legal Aid.
(5) Legal Aid may invest an amount held by it on trust under the Statutory Bodies Financial Arrangements Act 1982 and an amount resulting from the investment must be applied for this Act.
(6) Subsection (5) does not apply to an amount Legal Aid is required to deposit under the Legal Profession Act 2007, part 3.3, division 6, subdivision 3.