(1) The manager for a law practice must keep records and accounts relating to the management of the practice--
(a) separately from the management of the affairs of the law practice before the manager's appointment; and
(b) separately from the affairs of another law practice that the manager is managing; and
(c) in the way prescribed under a regulation.
(2) Subject to subsection (1), the manager for a law practice must deal with trust money of the practice in the same way as a law practice must deal with trust money.