Queensland Numbered Acts Queensland Numbered Acts(1) A law practice must keep in permanent form trust records in relation to trust money received by the practice.
Maximum penalty--100 penalty units.
(2) The law practice must keep the trust records--
(a) in the way prescribed under a regulation; and
(b) in a way that at all times discloses the true position in relation to trust money received for any person; and
(c) in a way that enables the trust records to be conveniently and properly investigated or externally examined; and
(d) for the period prescribed under a regulation.
Maximum penalty--100 penalty units.