New South Wales Consolidated Regulations

LEGAL PROFESSION UNIFORM GENERAL RULES 2015 - REG 44

44 Trust account receipts cash books

(1) A law practice that maintains a general trust account must keep a trust account receipts cash book in which the following particulars must be recorded in respect of each receipt of trust money--

(a) the date a receipt was made out for the money and, if different, the date of receipt of the money,

(b) the receipt number,

(c) the amount of money received,

(d) the form in which the money was received,

(e) the name of the person from whom the money was received,

(f) details clearly identifying the name of the client in respect of whom the money was received and the matter description and matter reference,

(g) particulars sufficient to identify the reason for which the money was received,

(h) details clearly identifying the ledger account to be credited.

(2) The date and amount of each deposit in the general trust account must be recorded in the trust account receipts cash book.

(3) The particulars in respect of receipts must be recorded in the order in which the receipts are made out and must be recorded within 5 working days of the receipt being made out.