Queensland Consolidated Acts Queensland Consolidated ActsThe main purposes of this part are as follows—
(a) to ensure trust money is held by law practices in a way that protects the interests of persons for whom money is held, both inside and outside this jurisdiction;
(b) to minimise compliance requirements for law practices that provide legal services within and outside this jurisdiction;
(c) to ensure the law society can work effectively with corresponding authorities in other jurisdictions in relation to the regulation of trust money and trust accounts.