Australian Capital Territory Current Acts

LEGAL PROFESSION ACT 2006 - SECT 525

    (1)     For carrying out a trust account investigation, trust account examination or ILP compliance audit in relation to a law practice, an investigator may, on production of evidence of the investigator's appointment, require the practice or an associate or former associate of the practice or anyone (including, for example, an ADI, auditor or liquidator) who has, or has had, control of documents relating to the affairs of the practice to give the investigator either or both of the following:

        (a)     access to the documents relating to the affairs of the practice the investigator reasonably requires;

        (b)     information relating to the affairs of the practice the investigator reasonably requires (verified in the way, if any, stated in the requirement).

Note     It is an offence to make a false or misleading statement, give false or misleading information or produce a false or misleading document (see Criminal Code

, pt 3.4).

    (2)     A person commits an offence if the person does not comply with a requirement made of the person under subsection (1).

Maximum penalty: 50 penalty units.

    (3)     Subsection (2) does not apply if the person has a reasonable excuse.