Queensland Numbered Acts Queensland Numbered Acts(1) A regulation may make provision for, and for matters relating to, prescribed accounts.
(2) Without limiting subsection (1), the regulation may prescribe as follows--
(a) a law practice to whom the regulation applies must deposit an amount into a prescribed account;
(b) the way to work out an amount mentioned in paragraph (a), including, for example, on the basis of the minimum amount held by a law practice in the law practice's trust account for a calendar month or year;
(c) the way in which amounts may be paid to a law practice from a prescribed account;
(d) the way in which the law society may supervise compliance with the regulation;
(e) the way in which the chief executive of the department may ensure compliance with this Act, including, for example, provisions about the law society giving the chief executive information about prescribed accounts.