AustLII Tasmanian Consolidated Acts

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LEGAL PROFESSION ACT 2007 - SECT 253

Deficiency in trust account

(1)  An Australian legal practitioner is guilty of an offence if he or she, without reasonable excuse, causes –
(a) a deficiency in any trust account or trust ledger account; or
(b) a failure to pay or deliver any trust money.
Penalty:  Fine not exceeding 200 penalty units.
(2)  A reference in subsection (1) to an account includes a reference to an account of the practitioner or of the law practice of which the practitioner is an associate.
(3)  In this section –
cause includes be responsible for;
deficiency in a trust account or trust ledger account includes the non-inclusion or exclusion of the whole or any part of an amount that is required to be included in the account.



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