New South Wales Consolidated Regulations

LEGAL PROFESSION UNIFORM GENERAL RULES 2015 - REG 102

102 Notice of appointment

(1) As soon as possible after an appointment of a receiver for a law practice is made, the designated local regulatory authority must serve a notice of the appointment on--

(a) the law practice, and

(b) any other person authorised to operate any trust account of the law practice, and

(c) any external examiner appointed to examine the law practice's trust records, and

(d) the ADI with which any trust account of the practice is maintained, and

(e) any person whom the designated tribunal directs should be served with the notice, and

(f) any person whom the designated local regulatory authority reasonably believes should be served with the notice.

(2) The notice must--

(a) identify the law practice and the receiver, and

(b) indicate that the external intervention is by way of appointment of a receiver, and

(c) specify the term (if any) of the appointment, and

(d) indicate the extent to which the receiver has the powers of a manager for the law practice, and

(e) specify any reporting requirements to be observed by the receiver, and

(f) specify any conditions imposed by the designated tribunal when the appointment is made, and

(g) include a statement that the law practice may appeal against the appointment of the receiver under the Uniform Law.