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LEGAL PROFESSION ACT 2007 - SECT 359 Establishment of fidelity fund

LEGAL PROFESSION ACT 2007 - SECT 359

Establishment of fidelity fund

359 Establishment of fidelity fund

(1) The Legal Practitioners’ Fidelity Guarantee Fund established under the Queensland Law Society Act 1952 , section 12 , and continued in existence under the Legal Profession Act 2004 , section 147 , is continued in existence under this Act.
(2) The fund continued in existence under subsection (1) (the
"fidelity fund" ) continues to be vested in the law society.
(3) Subject to section 366 , the law society must manage and administer the fidelity fund.