(1)  For the purposes of section 620(c) of the Act, a prescribed function of the Law Society is the management and funding of law libraries.

(2)  A local legal practitioner, other than a lawyer entitled to practise without a practising certificate by virtue of section 41 of the Act, is to pay to the Law Society an annual library levy of 460 fee units.

(3)  The annual library levy referred to in subregulation (2) is a prescribed levy for the purposes of section 49(1)(b) of the Act.