South Australian Consolidated Acts

LEGAL PRACTITIONERS ACT 1981 - SECT 38

38—Regulations

The Governor may make regulations for the purposes of this Division—

            (a)         prescribing and providing for the payment of fees for an audit or examination under this Division; and

            (ab)         prescribing qualifications for approved auditors generally or for specified classes of approved auditors; and

            (ac)         prescribing records to be kept by legal practitioners for the purposes of the Division; and

            (b)         generally ensuring that the accounts and records required to be kept under this Division are properly kept and audited and that persons beneficially entitled to money and securities held by legal practitioners on trust are properly informed of the investment and disposition of the money and securities; and

            (c)         exempting legal practitioners from this Division, or specified provisions of this Division, in respect of transactions of a specified class; and

            (d)         prescribing fines not exceeding a fine of $10 000 for contravention of any regulation under this Division.