Western Australian Numbered Acts

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LEGAL PROFESSION ACT 2008 (NO. 21 OF 2008) - SECT 225

225 .         Dealing with trust money: legal costs and unclaimed money

        (1)         A law practice may do any of the following, in relation to trust money held in a general trust account or controlled money account of the practice for a person —

            (a)         exercise a lien, including a general retaining lien, for the amount of legal costs reasonably due and owing by the person to the practice;

            (b)         withdraw money for payment to the practice’s account for legal costs owing to the practice if the relevant procedures or requirements prescribed under this Act are complied with;

            (c)         after deducting any legal costs properly owing to the practice, deal with the balance as unclaimed money under the Unclaimed Money Act 1990 .

        (2)         Subsection (1) applies despite any other provision of this Part (other than subsection (3)) but has effect subject to Part 10.

        (3)         Subsection (1) does not apply in relation to trust money that is held by the person under another trust when it is paid into the general trust account or controlled money account.



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