(1) A regulation may authorise the law society to enter into arrangements (
"fidelity protocols" ) with corresponding authorities in relation to matters
to which this part relates.
(2) Without limiting subsection (1) , a
regulation may authorise the making of a fidelity protocol that provides that
the law society is taken to have—
(a) requested a corresponding authority to
act as agent of the law society in stated classes of cases; or
(b) agreed to
act as agent of a corresponding authority in stated classes of cases.
(3) A
regulation may provide for the amendment, revocation or replacement of a
fidelity protocol.
(4) A fidelity protocol, or an amendment, revocation or
replacement of a fidelity protocol, has effect in this jurisdiction only to
the extent it is approved under a regulation.
