Northern Territory Numbered Acts

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LEGAL PROFESSION ACT 2006 (NO 38 OF 2006) - SECT 583

Records and accounts of law practice under management and dealings with trust money

    (1)     The manager for a law practice must maintain the records and accounts of the practice that he or she manages:

    (a)     separately from the management of the affairs of the practice before his or her appointment as manager; and

    (b)     separately from the affairs of any other law practice for which he or she is manager; and

    (c)     in the manner prescribed by the regulations.

    (2)     Subject to subsection (1), the manager for a law practice must deal with trust money of the practice in the same way as a law practice must deal with trust money.



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