Australian Capital Territory Numbered Regulations

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LEGAL PROFESSION REGULATION 2006 (NO 37 OF 2006) - REG 29

Audit of deposits etc

    (1)     The law society must keep records of each of the following:

        (a)     money deposited with it under with this part;

        (b)     interest received by it from the investment of the money;

        (c)     amounts credited to an account under section 27 (2);

        (d)     payments made by it out of the statutory interest account;

        (e)     the use of money standing to the credit of a statutory interest account.

    (2)     The law society must have the records audited annually by a registered company auditor within the meaning of the Corporations Act.

    (3)     The law society must give a copy of each audit under this section to the Attorney-General.

Part 7     Professional indemnity insurance



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