New South Wales Consolidated Acts

LEGAL PROFESSION UNIFORM LAW (NSW) - SECT 332

332 Records of and dealing with trust money of law practice under supervision

(1) A supervisor of trust money of a law practice must maintain the records of his or her dealings with the trust money--

(a) separately from records relating to dealings with trust money before his or her appointment as supervisor; and

(b) separately from the affairs of any other law practice for which he or she is an external intervener; and

(c) in the manner specified in the Uniform Rules for the purposes of this section.

(2) Subject to subsection (1), a supervisor of trust money of a law practice must deal with the trust money in the same way as a law practice must deal with trust money.