484Role of supervisor of trust money

484 Role of supervisor of trust money (1) A supervisor for a law practice has the powers and duties of the practice in relation to trust money of the practice, including powers— (a) to receive trust money entrusted to the practice; and (b) to open and close trust accounts. (2) For the purpose of exercising powers or duties under subsection (1), the supervisor may do any or all of the following:

practice, or anyone else who has, or has had, control of documents relating to trust money received by the practice, to give the supervisor either or both of the following: (i) access to the files and documents the supervisor reasonably requires; (ii) information relating to the trust money the supervisor premises, for a purpose relevant to the supervisor’s appointment; supervisor’s appointment. (3) If the supervisor takes anything from the premises, the supervisor must issue a receipt for the thing and— Note If a form is approved under the Court Procedures Act 2004, s 8 for a receipt, the form must be used.

(4) If the supervisor is refused access to the premises or the premises are unoccupied, the supervisor may use whatever appropriate force is (5) This section applies to trust money held by the practice before the supervisor is appointed, as well as to trust money received afterwards. (6) The supervisor does not have a role in the management of the affairs of the law practice except as far as the affairs relate to a trust account of the practice.