(b)
before the amount is paid out under division 2 , the law practice becomes
aware of a dispute, or considers a dispute may arise, between persons having
an interest in the amount about entitlement to the amount.
Example of when a
law practice may consider a dispute may arise—
A party to the contract does
not take the required action to complete the contract and does not make
contact with the other party or law practice to explicitly state a dispute has
arisen.
"person" , having an interest in an amount for the sale of a proposed lot,
does not include an entity acting for a person in relation to the sale or
purchase of the proposed lot.