ACTIn ForceAct
Legal Profession Act 2006
224AWay of withdrawing controlled money from controlled
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224A Way of withdrawing controlled money from controlled
money account
(1) A law practice must not withdraw controlled money from a controlled
money account otherwise than by cheque or electronic funds transfer.
(2) Without limiting subsection (1), the following are prohibited:
(a) cash withdrawals;
(b) ATM withdrawals or transfers;
(c) telephone banking withdrawals or transfers.
(3) A regulation may make provision in relation to withdrawals by
cheque or electronic funds transfer.
(7) This section has effect despite anything to the contrary in any
direction given to the law practice, even if the direction is given by a
person who is otherwise legally entitled to give the law practice
directions in relation to dealings with the controlled money.