(1) For the purposes
of the application of any law or rule relating to conflicts of interest to the
conduct of —
(a) a
legal practitioner director of an incorporated legal practice; or
(b) a
legal practitioner who is an officer or employee of an incorporated
legal practice,
the interests of the
incorporated legal practice, or any other officer or employee of the
incorporated legal practice (whether or not a legal practitioner), are taken
to be the same as those of the legal practitioner concerned.
(2) Rules may be made
for or with respect to additional duties and obligations in connection with
conflicts of interest arising out of the conduct of an
incorporated legal practice.
Note: Under section 54, a legal practitioner
who is an officer or employee of an incorporated legal practice must comply
with the same professional obligations as other legal practitioners in
connection with conflicts of interest.