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LEGAL PROFESSION UNIFORM LAW (NSW) - SECT 152
Determinations about status of money
152 Determinations about status of money
(1) The designated local regulatory authority may determine that money held by
a law practice is or is not trust money if it considers there is doubt or a
dispute about its status.
(2) The designated local regulatory authority may
revoke or modify a determination under this section.
(3) This section has
effect subject to a decision of a court or administrative review body made in
relation to the money.
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