Australian Capital Territory Current Acts

LEGAL PROFESSION ACT 2006 - SECT 473

    (1)     In this chapter:

"external intervener" means a supervisor, manager or receiver appointed for a legal practice under this chapter.

"external intervention" means the appointment of, and the exercise of the functions of, a supervisor, manager or receiver under this chapter.

"regulated property", for a law practice, means the following:

        (a)     trust money or trust property received, receivable or held by the practice;

        (b)     interest, dividends or other income or anything else derived from or acquired with money or property mentioned in paragraph (a);

        (c)     documents or records of any description relating to anything mentioned in paragraph (a) or (b);

        (d)     any computer hardware or software, or other device, in the custody or control of the practice or an associate of the practice by which a record mentioned in paragraph (c) may be produced or reproduced in visible form.

    (2)     Other terms used in this chapter have the same meanings as in part 3.1 (Trust money and trust accounts).