(1) An incorporated
legal practice may provide any service and conduct any business that the
corporation may lawfully provide or conduct, except as provided by this
section.
(2) An incorporated
legal practice or a related body corporate of an incorporated legal practice
must not conduct a managed investment scheme.
(3) The regulations
may prohibit an incorporated legal practice or a related body corporate of the
practice from providing a service or conducting a business of a kind specified
by the regulations.