Queensland Subordinate Legislation as Made

LEGAL PROFESSION REGULATION 2017 - REG 78

78 Notice of interstate legal practitioner becoming authorised to withdraw from local trust account—Act, s 412

(1) This section prescribes requirements for section 412(2)(a) of the Act .

(2) An interstate legal practitioner who, whether alone or with a cosignatory, becomes authorised to withdraw money from a local trust account must notify the law society of the authorisation.

(3) The notice must include the following particulars—

(a) the interstate legal practitioner’s name;

(b) the jurisdiction in which the practitioner’s only or most recent current Australian practising certificate was granted;

(c) the practitioner’s principal business address;

(d) details of the local trust account, including the following—

(i) the name of the law practice operating the account;

(ii) the practice’s principal business address;

(iii) the name of the ADI with which the account is held;

(iv) the names of any other signatories to the account;

(e) the date on which the practitioner became authorised to withdraw the money.

(4) The practitioner must notify the law society of any change to the particulars mentioned in subsection (3) .

(5) A notice under this section must be in writing and must be sent to the business address of the law society within 7 days of—

(a) the practitioner becoming authorised to withdraw the money; or

(b) the change to the particulars.