(1) An Australian legal practitioner must not, without reasonable excuse, cause--
(a) a deficiency in any trust account or trust ledger account; or
(b) a failure to pay or deliver any trust money.
Maximum penalty--200 penalty units.
(2) A reference in subsection (1) to an account includes a reference to an account of the practitioner or of the law practice of which the practitioner is an associate.
(3) In this section--
cause includes be responsible for.
deficiency, in a trust account or trust ledger account, includes the non-inclusion or exclusion of the whole or any part of an amount that is required to be included in the account.