Australian Capital Territory Numbered Regulations Australian Capital Territory Numbered Regulations(1) The law practice must print a paper copy of trust records as follows:
(a) trust account receipts and payments cash books are to be printed monthly as at the end of each named month, unless a copy of the books as at the end of the named month is kept in electronic form that is readable or reportable on demand;
(b) reconciliation statements prepared under section 48 (Reconciliation of trust records) are to be printed as at the end of each named month;
(c) lists of trust account ledgers and their balances are to be printed monthly as at the end of each named month;
(d) lists of controlled money accounts and their balances are to be printed monthly as at the end of each named month;
(e) trust ledger accounts, the register of controlled money and the trust account transfer journal are to be printed before they are archived or deleted from the system;
(f) trust ledger account and controlled money account details are to be printed on request by and provided to an investigator.
(2) The trust records printed monthly as at the end of a named month under subsection (1) (a) to (d) must be printed not later than 15 working days after the named month.
(3) The paper copies printed under subsection (1) are to be kept by the law practice, except if they are printed on request under that subsection.
(4) The electronic copy of the trust account receipts and payments cash books under subsection (1) (a) must be kept by the law practice.