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Legal Profession Act 2006
483Effect of service of notice of appointment of supervisor
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483 Effect of service of notice of appointment of supervisor
(1) If an ADI is given notice under section 482 of the appointment of a
supervisor of trust money of a law practice, then, while the
appointment is in force, the ADI must ensure that no funds are
withdrawn or transferred from a trust account of the practice unless—
drawn on the account signed by the supervisor or a nominee of
the supervisor; or
(b) the withdrawal or transfer is made by the supervisor or a
nominee of the supervisor using electronic or internet banking
facilities; or
by the supervisor or a nominee of the supervisor.
(a) the person is given notice under section 482 of the appointment
of a supervisor of trust money of a law practice; and
(3) Subsection (2) does not apply to an ADI or the supervisor of trust
money of the law practice.
(4) An offence against this section is a strict liability offence.
(5) The supervisor of trust money of a law practice may, for
subsection (1) (b), enter into arrangements with an ADI for
withdrawing funds from a trust account of the practice using
electronic or internet banking facilities.
(6) If an amount is withdrawn or transferred in contravention of
subsection (1) from a trust account of a law practice kept with an ADI,
the supervisor for the practice may recover the amount from the ADI
as a debt in a court of competent jurisdiction.
(7) The supervisor for the law practice must pay any amount recovered
from the ADI under subsection (6) into the trust account of the