(1) As soon as
possible after an appointment of a manager for a law practice is made, the
Board must serve a notice of the appointment on —
(a) the
practice; and
(b) any
other person authorised to operate any trust account of the practice; and
(c) any
external examiner appointed to examine the practice’s trust records; and
(d) the
ADI with which any trust account of the practice is maintained; and
(e) any
other person whom the Board reasonably believes should be served with the
notice.
(2) The notice
must —
(a)
identify the law practice and the manager; and
(b)
indicate that the external intervention is by way of appointment of a manager;
and
(c)
specify the term of the appointment; and
(d)
specify any reporting requirements to be observed by the manager; and
(e)
specify any conditions imposed by the Board when the appointment is made; and
(f)
include a statement that the law practice may apply for a review of the
decision to appoint the manager under section 508; and
(g)
contain or be accompanied by other information or material prescribed by the
regulations.