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LEGAL PROFESSION ACT 2007 - SECT 500 Notice of appointment

LEGAL PROFESSION ACT 2007 - SECT 500

Notice of appointment

500 Notice of appointment

(1) After appointment of a supervisor of trust money of a law practice is made, the law society must give a notice of appointment to each of the following—
(a) the practice;
(b) any other persons authorised to operate a trust account of the practice;
(c) any external examiner appointed to examine the practice’s trust records;
(d) the ADI with which any trust account of the practice is kept;
(e) any person whom the law society believes should be given a notice.
(2) The notice must—
(a) identify the law practice and the supervisor; and
(b) indicate that the external intervention is by way of appointment of a supervisor of trust money; and
(c) state the term of the appointment; and
(d) state any reporting requirements to be observed by the supervisor; and
(e) state any conditions imposed by the law society when the appointment is made; and
(f) include a statement that the law practice may appeal against the appointment of the supervisor under section 531 ; and
(g) contain or be accompanied by other information or material prescribed under a regulation.