Victorian Current Acts

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LEGAL PROFESSION UNIFORM LAW APPLICATION ACT 2014 - SECT 125

Solvency

    (1)     The Governor in Council may from time to time, by Order made on the recommendation of the Attorney-General, fix a solvency level for the fidelity fund.

    (2)     An order made under subsection (1) must be published in the Government Gazette.

    (3)     The Attorney-General may only make a recommendation under subsection (1) at any time if he or she has had regard to the advice of an actuary engaged by the Attorney-General to advise him or her on the appropriate provision to be made at that time for the solvency level of the fidelity fund.



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