LEGAL PROFESSION ACT 2007 - SECT 412 Interstate legal practitioner becoming authorised to withdraw from local trust account

LEGAL PROFESSION ACT 2007 - SECT 412

412 Interstate legal practitioner becoming authorised to withdraw from local trust account

(1) This section applies to an interstate legal practitioner who, whether alone or with a cosignatory, becomes authorised to withdraw money from a local trust account.

(2) A regulation may do either or both of the following—

(a) require the practitioner to notify the law society of the authorisation;

(b) require the practitioner to make contributions and pay levies to the fidelity fund as if the practitioner were a local legal practitioner.

(3) Without limiting subsection (2) , a regulation may provide for—

(a) the way in which the notice is to be given and the information or material that is to be included in or to accompany the notice; and

(b) the amount of the contributions, their frequency and the way in which they are to be made.