External intervention in relation to a law practice may take place in any of the following circumstances--
(a) if a legal practitioner associate involved in the practice has died, ceases to be an Australian legal practitioner, has become an insolvent under administration or is in prison;
(b) if a firm--the partnership has been wound up or dissolved;
(c) if an incorporated legal practice--
(i) ceases to be an incorporated legal practice; or
(ii) is being or has been wound up; or
(iii) has been deregistered or dissolved;
(d) if the law society believes that the law practice or an associate of the law practice--
(i) is not dealing adequately with trust money or trust property or is not properly attending to the affairs of the practice; or
(ii) has committed a serious irregularity, or a serious irregularity has happened, in relation to trust money or trust property or the affairs of the practice; or
(iii) has failed properly to account in a timely way to any person for trust money or trust property received by the practice for that person; or
(iv) has failed properly to make a payment of trust money, or a transfer of trust property, when required to do so by a person entitled to that money or property or entitled to give a direction for payment or transfer; or
(v) is in breach of a regulation, or the legal profession rules, with the result that the record-keeping for the practice's trust account is inadequate; or
(vi) has been or is likely to be convicted of an offence relating to trust money or trust property; or
(vii) is the subject of a complaint relating to trust money or trust property received by the practice; or
(viii) has failed to comply with any requirement of an investigator, an ILP investigator or an external examiner, under this Act; or
(ix) has ceased to be engaged in legal practice without making provision for properly dealing with trust money or trust property received by the practice or for properly winding up the affairs of the practice;
(e) if the law society believes proper cause exists in relation to the practice.