Queensland Numbered Acts Queensland Numbered Acts(1) A law practice must not withdraw trust money from a general trust account otherwise than by--
(a) cheque; or
(b) if the practice is authorised by the law society to withdraw trust money from a general trust account by electronic funds transfer--electronic funds transfer.
Maximum penalty--50 penalty units.
(2) Without limiting subsection (1), the following are specifically prohibited by the subsection--
(a) cash withdrawals;
(b) ATM withdrawals or transfers;
(c) telephone banking withdrawals or transfers;
(d) unless the law practice is authorised by the law society to withdraw trust money from a general trust account by electronic funds transfer--withdrawals by electronic funds transfer.
(3) A regulation may make provision in relation to withdrawals by cheque or electronic funds transfer, including, for example, the matters the law society must have regard to in deciding to authorise a law practice to withdraw trust money from a general trust account by electronic funds transfer.
(4) This section has effect despite anything to the contrary in a direction given to the law practice concerned, even if the direction is given by a person who is otherwise legally entitled to give the law practice directions in relation to dealings with the trust money.