QLDIn ForceAct
Legal Profession Act 2007
sec.359Establishment of fidelity fund
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### sec.359 Establishment of fidelity fund
The Legal Practitioners’ Fidelity Guarantee Fund established under the Queensland Law Society Act 1952 , section 12 , and continued in existence under the Legal Profession Act 2004 , section 147 , is continued in existence under this Act.
The fund continued in existence under subsection (1) (the fidelity fund ) continues to be vested in the law society.
Subject to section 366 , the law society must manage and administer the fidelity fund.
(sec.359-ssec.1) The Legal Practitioners’ Fidelity Guarantee Fund established under the Queensland Law Society Act 1952 , section 12 , and continued in existence under the Legal Profession Act 2004 , section 147 , is continued in existence under this Act.
(sec.359-ssec.2) The fund continued in existence under subsection (1) (the fidelity fund ) continues to be vested in the law society.
(sec.359-ssec.3) Subject to section 366 , the law society must manage and administer the fidelity fund.