AustLII Tasmanian Consolidated Acts

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LEGAL PROFESSION ACT 2007 - SECT 375

Vesting of rights in Trust

If a default order has been made in respect of a law practice, the rights and interests of any person arising from any loss incurred in respect of which the default order was made are assigned to the Trust when an amount is paid out of the Guarantee Fund to that person but only to the extent of that amount.



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