QLDIn ForceAct
Legal Profession Act 2007
sec.259Deficiency in trust account
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### sec.259 Deficiency in trust account
An Australian legal practitioner must not, without reasonable excuse, cause—
a deficiency in any trust account or trust ledger account; or
a failure to pay or deliver any trust money.
Maximum penalty—200 penalty units.
A reference in subsection (1) to an account includes a reference to an account of the practitioner or of the law practice of which the practitioner is an associate.
In this section—
cause includes be responsible for.
deficiency , in a trust account or trust ledger account, includes the non-inclusion or exclusion of the whole or any part of an amount that is required to be included in the account.
(sec.259-ssec.1) An Australian legal practitioner must not, without reasonable excuse, cause— a deficiency in any trust account or trust ledger account; or a failure to pay or deliver any trust money. Maximum penalty—200 penalty units.
(sec.259-ssec.2) A reference in subsection (1) to an account includes a reference to an account of the practitioner or of the law practice of which the practitioner is an associate.
(sec.259-ssec.3) In this section— cause includes be responsible for. deficiency , in a trust account or trust ledger account, includes the non-inclusion or exclusion of the whole or any part of an amount that is required to be included in the account.
- (a) a deficiency in any trust account or trust ledger account; or
- (b) a failure to pay or deliver any trust money.