LEGAL PROFESSION ACT 2007 - SECT 275
External examiner to give other reports
LEGAL PROFESSION ACT 2007 - SECT 275
External examiner to give other reports
275 External examiner to give other reports
(1) This section applies if, in carrying out an external examination of a law
practice’s trust records, an external examiner becomes aware of a matter
that—
(a) is reasonably likely—
(i) to adversely affect the financial
position of the law practice to a material extent; or
(ii) to constitute a
breach of this part by the law practice; or
(b) is otherwise an irregularity
in relation to the trust records or trust accounts of the law practice of
which the law society ought reasonably to be made aware.
(2) The external
examiner must, within 7 days after becoming aware of the matter, give the law
society a written report on the matter.
