Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) This section applies when the Law Society becomes aware that one or more of the circumstances referred to in section 571 exist in relation to a law practice and decides that, having regard to the interests of the clients of the practice and to other matters that it considers appropriate, external intervention is warranted.
(2) The Society may decide:
(a) to appoint a supervisor of trust money of the law practice, if the Society is of the opinion:
(i) that external intervention is required because of issues relating to the practice's trust accounts; and
(ii) that it is not appropriate that the provision of legal services by the practice be wound up and terminated because of those issues; or
(b) to appoint a manager for the law practice, if the Society is of the opinion:
(i) that external intervention is required because of issues relating to the practice's trust records; or
(ii) that the appointment is necessary to protect the interests of clients in relation to trust money or trust property; or
(iii) that there is a need for an independent person to be appointed to take over professional and operational responsibility for the practice; or
(c) to appoint a receiver for the law practice, if the Society is of the opinion:
(i) that the appointment is necessary to protect the interests of clients in relation to trust money or trust property; or
(ii) that it may be appropriate that the provision of legal services by the practice be wound up and terminated.
(3) The Society may, from time to time, make further decisions in relation to the law practice and for that purpose may revoke a previous decision with effect from a date or event specified by the Society.
(4) A further decision may be made under subsection (3) whether or not there has been any change in the circumstances in consequence of which the original decision was made and whether or not any further circumstances have come into existence in relation to the law practice after the original decision was made.
(5) An appointment of an external intervener for a law practice may be made in respect of the practice generally or may be limited in any way the Society considers appropriate, including, for example, to matters connected with a particular legal practitioner associate or to matters connected with a particular office or a particular subject matter.