South Australian Numbered Acts

LEGAL PRACTITIONERS (MISCELLANEOUS) AMENDMENT ACT 2013 (NO 44 OF 2013) - SECT 42

42—Amendment of section 66—Claims by legal practitioners and incorporated legal practices

        (1)         Section 66(1)—delete subsection (1) and substitute:

        (1)         A legal practitioner or incorporated legal practice who has paid compensation to any person for pecuniary loss suffered in consequence of a fiduciary or professional default by a partner, director, clerk, officer or employee of the legal practitioner or legal practice may make a claim under this Part in respect of the payment provided that, in the case of a fiduciary or professional default by a partner or a legal practitioner director, the default consisted of a defalcation, misappropriation or misapplication of trust money or dishonest conduct.

        (2)         Section 66(2)(b)—after "legal practitioner" insert:

or incorporated legal practice