LEGAL PROFESSION ACT 2007 - SECT 761
Continuing application of Trust Accounts Act, ss 15 and 16
LEGAL PROFESSION ACT 2007 - SECT 761
Continuing application of Trust Accounts Act, ss 15 and 16
761 Continuing application of Trust Accounts Act, ss 15 and 16
(1) This section applies in relation to an audit, under the
Trust Accounts Act, of the accounting and other records and trust accounts of
a trustee.
(2) The Trust Accounts Act, section 15, as in force immediately
before the commencement day continues to apply in relation to the performance
of the audit by the trustee’s auditor.
(3) The Trust Accounts Act,
section 16, as in force immediately before the commencement day continues to
apply to the trustee and the trustee’s auditor in relation to the
performance of the audit.
(4) Without limiting subsection (2)—
(a) an
obligation imposed on the trustee’s auditor under the Trust Accounts Act,
section 15(9) or (10), continues to apply to the auditor; and
