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LEGAL PROFESSION ACT 2007 - SECT 494
Definitions for ch 5
(1) In this chapter—
"external intervener" means a supervisor, manager or receiver under this
chapter.
"external intervention" means the appointment of, and the exercise of the
functions and powers of, a supervisor, manager or receiver under this chapter.
"regulated property" , of a law practice, means the following— (a)
trust money or trust property received, receivable or held by the law
practice;
(b) interest, dividends or other income or anything else derived
from or acquired with money or property mentioned in paragraph (a) ;
(c)
documents or records of any description relating to anything mentioned in
paragraph (a) or (b) ;
(d) any computer hardware or software, or other
devices, in the custody or control of the law practice by which any records
mentioned in paragraph (c) may be produced or reproduced in visible form.
(2)
Other expressions used in this chapter have the same meanings as in part 3.3 .
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