(1)  A law practice must not enter into a costs agreement under which the amount payable to the law practice, or any part of that amount, is calculated by reference to the amount of any award or settlement or the value of any property that may be recovered in any proceedings to which the agreement relates.

Penalty:  Fine not exceeding 100 penalty units.

(2)  Subsection (1) does not apply to the extent that the costs agreement adopts an applicable scale of costs.