Western Australian Current Regulations Western Australian Current Regulations (1) This rule applies
if a law practice —
(a)
ceases to be authorised to receive trust money or ceases to engage in legal
practice, and
(b) has
held a trust account.
(2) The law practice
must appoint an external examiner to conduct the examination referred to in
this rule if an external examiner is not holding an appointment as such and
available to conduct the examination.
(3) The law practice
must arrange for the external examiner to examine and report on the trust
records of the law practice —
(a) in
respect of the period since an external examination was last conducted, and
(b) in
respect of each period of 12 months after that period, and
(c) in
respect of any remaining period thereafter,
during which, or any
part of which, the law practice held trust money.
(4) The law practice
must give the designated local regulatory authority a copy of each report
undertaken by its external examiner in accordance with this rule within
60 days after the end of the period to which the report relates.