LEGAL CONTRIBUTION TRUST ACT 1967 - SECT 56
This legislation has been repealed.
LEGAL CONTRIBUTION TRUST ACT 1967 - SECT 56
56 . Regulations
(1) The Governor may
make regulations for any purpose for which regulations are contemplated and
required by this Act and may make all such other regulations as may, in the
opinion of the Governor, be necessary or convenient for giving full effect to
the provisions of, and for the better and more convenient administration of,
this Act.
(2) Without limiting
the generality of subsection (1), the Governor may make regulations —
(a) for
the purposes of section 4A, making provision as to the application of this Act
to incorporated legal practices and multi-disciplinary partnerships;
(aa) for
the purposes of section 13, prescribing —
(i)
the percentage of interest to be paid to the Trust;
(ii)
the times at which interest is to be paid to the Trust;
(iii)
the rate at which interest is to be paid, or how the rate
is to be determined; and
(iv)
the relevant period;
(b)
specifying the occasions upon which moneys accruing to the credit of the Trust
Interest Account shall be applied as provided by section 14;
(c)
prescribing the manner of making claims for the payment of compensation from
the Guarantee Fund;
(d)
prescribing the method of making payments, whether by periodical payments or
otherwise, and the amounts of payments, from the Guarantee Fund, by way of
compensation;
(e)
prescribing the mode of proof (including a requirement for the furnishing of
statutory declarations) of, and the onus of proof in respect of, matters
requiring to be proved for the purposes of this Act;
(f)
prescribing the forms, registers and records, their use and the matters to be
recorded in them, under and for the purposes of this Act;
(g) so
as to require a matter or thing affected by the regulations to be in
accordance with a specified requirement or as approved by a specified person
or body and so as to delegate to, and confer upon, a specified person or body
a discretionary authority; and
(h)
imposing a penalty not exceeding $500 for the breach of any of the
regulations.
[Section 56 amended by No. 10 of 1972 s. 5; No. 86
of 1990 s. 11; No. 65 of 2003 s. 86; No. 74 of 2003 s. 76.]