New South Wales Consolidated Regulations

LEGAL PROFESSION UNIFORM GENERAL RULES 2015 - REG 95

95 Register of financial interests

(1) A law practice must maintain a register of financial interests.

(2) The register of financial interests must, in respect of each legal practitioner associate of the law practice, record the following--

(a) the full name and address of the associate,

(b) the name and other identifying particulars of any company, partnership, or other entity, in which the associate has a financial interest and which engages in any dealing with trust money received by the associate or the law practice, other than--

(i) companies listed on the Australian Stock Exchange, and

(ii) shelf companies (companies that have already been registered but have not traded) maintained for sale.

(3) A legal practitioner associate of the law practice must cause the details referred to in subrule (2)(b) to be disclosed in the register of financial interests as soon as practicable.

(4) Subrules (1)-(3) do not apply to a barrister except to the extent a financial interest is relevant to the legal services provided by the barrister or a dealing with trust money occurs in the course of the work of a barrister.