Western Australian Numbered Acts Western Australian Numbered Acts The purposes of this
Part are as follows —
(a) to
ensure trust money is held by law practices in a way that protects the
interests of person for or on whose behalf money is held, both inside and
outside this jurisdiction;
(b) to
minimise compliance requirement for law practices that provide legal services
within and outside this jurisdiction;
(c) to
ensure the Board can work effectively with corresponding authorities in other
jurisdictions in relation to the regulation of trust money and trust accounts.