New South Wales Consolidated Acts
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LEGAL PROFESSION UNIFORM LAW APPLICATION ACT 2014 - SECT 46
46 Statutory deposits
(1) The local regulations may require a law practice to pay amounts out of a
general trust account of the law practice into an ADI account maintained by
the Law Society.
(2) Without limiting subsection (1), the local regulations
may provide for the following--
(a) the type of account to be maintained by
the Law Society,
(b) the amount of the payments to be made.
(3) All interest
on the money in a general trust account is payable to the Law Society on
account of the Public Purpose Fund.
(4) This section applies despite any
other provision of this Part or Part 4.2 of the Legal Profession Uniform Law
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