AustLII Tasmanian Consolidated Acts

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LEGAL PROFESSION ACT 2007 - SECT 519

Chapter 5 - External intervention Purpose

(1)  The purpose of this Chapter is to ensure that an appropriate range of options is available for intervention in the business and professional affairs of law practices and Australian-registered foreign lawyers for the purpose of protecting the interests of –
(a) the general public; and
(b) clients; and
(c) lawyers, including the owners and employees of law practices, so far as their interests are not inconsistent with those of the general public and clients.
(2)  It is intended that interventions occur consistently with –
(a) similar interventions in other jurisdictions, especially where a law practice operates in this jurisdiction and one or more other jurisdictions; and
(b) other provisions of this Act.

Note. This Chapter –

(a) applies to all law practices, regardless of whether they are incorporated under the Corporations Act 2001 of the Commonwealth; and

(b) is intended to apply so that this Chapter, rather than the Corporations Act 2001 of the Commonwealth or the Bankruptcy Act 1966 of the Commonwealth, applies in respect of the winding-up of trust property and in respect of the carrying on of a law practice by external intervention.



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