Australian Capital Territory Current Acts

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LEGAL PROFESSION ACT 2006 - SECT 334

Time limit for making claims against fidelity fund following advertisement

    (1)     This section applies if the law society council publishes a notice under section 333 (Advertisements about defaults by law practices) fixing a final date after which claims relating to a default cannot be made.

    (2)     A claim may be made—

        (a)     up to and including the final date fixed under the notice; or

        (b)     within a further period allowed by the law society council; or

        (c)     if the Supreme Court allows further time after the law society council refuses to allow a further period—within a period allowed by the Supreme Court;

even though it would have been barred under section 332 (Time limit for making claims against fidelity fund) had the notice not been published.

    (3)     The Supreme Court or law society council may allow a further period mentioned in subsection (2) if satisfied that—

        (a)     it would be reasonable to allow the further period after taking into account all ascertained and contingent liabilities of the fidelity fund; and

        (b)     it would be appropriate to allow the further period in the particular case having regard to matters the Supreme Court or law society council considers relevant.



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