Australian Capital Territory Current Acts

LEGAL PROFESSION ACT 2006 - SECT 482

    (1)     As soon as possible after a supervisor of trust money is appointed for a law practice, the law society council must give written notice of the appointment to—

        (a)     the practice; and

        (b)     anyone else authorised to operate any trust account of the practice; and

        (c)     any external examiner appointed to examine the practice's trust records; and

        (d)     the ADI with which any trust account of the practice is kept; and

        (e)     anyone whom the council believes, on reasonable grounds, should be given notice of the appointment.

    (2)     The notice must—

        (a)     identify the law practice and the supervisor; and

        (b)     indicate that the external intervention is by way of appointment of a supervisor of trust money; and

        (c)     state the term of the appointment; and

        (d)     state any reporting requirements to be observed by the supervisor; and

        (e)     state any conditions imposed by the law society council when the appointment was made; and

        (f)     include a statement that the law practice may appeal against the appointment of the supervisor under section 514; and

        (g)     contain or be accompanied by any other information or material prescribed by regulation.