315Approval of indemnity fund

315 Approval of indemnity fund (1) The relevant council for an Australian legal practitioner may approve an indemnity fund to be a fund to which the practitioner may make contributions. (2) An approval may be given in relation to a fund established under a (3) An approval is a notifiable instrument. indemnity fund means a fund established to assist in meeting claims against Australian legal practitioners in relation to the conduct of the practitioner’s practice other than claims involving a dishonest act or omission.

Preliminary—pt 3.4 Division 3.4.1