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LEGAL PROFESSION ACT 2004 (NO 99 OF 2004) - SECT 8.1.1 Legal Practice Act 1996

LEGAL PROFESSION ACT 2004 (NO 99 OF 2004) - SECT 8.1.1

Legal Practice Act 1996

s. 8.1.1

    (1)     After Part 12 in Schedule 2 to the Legal Practice Act 1996 insert

'PART 13—TRANSITIONAL PROVISIONS ON ENACTMENT OF LEGAL PROFESSION ACT 2004

        64.     Barristers' professional indemnity insurance

    (1)         Despite anything to the contrary in Part 8, if the Victorian Bar Council passes a resolution under section 3.5.2(7) of the Legal Profession Act 2004 , a sole practitioner who practises as a barrister must obtain and maintain insurance with the Liability Committee at all times on and after 1 July 2005.

    (2)     In this clause, "Victorian Bar Council" has the same meaning as in section 3.5.2(9) of the Legal Profession Act 2004 .

        65.     Funding for new regulatory arrangements

Despite anything to the contrary in Part 16, and in addition to any other amounts payable from the Public Purpose Fund under this Act, there are to be paid out of that fund, and debited to the General Account, any amounts determined by the Attorney-General for the costs incurred in establishing the Legal Services Board, the Legal Services Commissioner and the office of the Commissioner and transferring functions from the Tribunal to the Victorian Civil and Administrative Tribunal under the Legal Profession Act 2004 .'.

    (2)     The Legal Practice Act 1996 is repealed .

See:

Act No.

45/1998

and amending

Act Nos

98/2000, 62/2001, 15/2003, 62/2004 and 63/2004.

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