493Ending of manager’s appointment

493 Ending of manager’s appointment (1) The appointment of a manager for a law practice ends in the following circumstances: (a) the term of the appointment ends; (b) the appointment is set aside under section 514 (Appeal against appointment of supervisor or manager); (c) the appointment of a receiver for the practice takes effect, if the terms of the appointment indicate that the receiver is authorised to exercise the powers and duties of a manager; (d) the manager has wound up the affairs of the practice; (e) a decision of the relevant council that the appointment be ended takes effect. (2) The relevant council may decide that the appointment be ended immediately or with effect from a stated date. (3) The relevant council must give written notice of the ending of the appointment to everyone given notice of the appointment. (4) If the appointment ends in the circumstances mentioned in subsection (1) (a), (c) or (e), the former manager must transfer and give the regulated property and client files of the law practice to— (a) another external intervener appointed for the practice; or (b) the practice, if another external intervener is not appointed for the practice. (5) However, the former manager need not transfer regulated property and files to the law practice in compliance with subsection (4) unless the manager’s expenses have been paid to the relevant council. Note to pt 5.5 This part does not apply to the law practice of a barrister (see s 476).