Northern Territory Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LEGAL PROFESSION ACT 2006 - SECT 389

Payments into and out of Fidelity Fund

    (1)     The Fidelity Fund comprises the following:

        (a)     contributions and levies paid under this Act;

        (b)     fees paid under this Act to the Funds Management Committee;

        (c)     fines paid under this Act to the Funds Management Committee;

        (d)     interest on trust accounts paid under this Act to the Funds Management Committee;

        (e)     other amounts lawfully paid to the Funds Management Committee;

        (f)     interest accruing from investment of the Fund.

    (2)     The following must be paid out of the Fund:

        (a)     amounts of claims allowed under this Part;

        (b)     amounts determined under section 388 ;

        (c)     other amounts that may lawfully paid out of the Fund.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback