sec.414Application of part to multi-disciplinary partnerships

### sec.414 Application of part to multi-disciplinary partnerships A regulation may provide that stated provisions of this part, and other provisions of this Act relating to the fidelity fund, do not apply to multi-disciplinary partnerships or apply with stated changes. For the application to a multi-disciplinary partnership of the provisions of this part and other provisions of this Act relating to the fidelity fund, a reference in those provisions to a default of a law practice extends to a default of a multi-disciplinary partnership, or a partner or employee of a multi-disciplinary partnership, whether or not any person involved is an Australian legal practitioner, but only if it happens in connection with the provision of legal services. Nothing in this section affects any obligation of an Australian legal practitioner who is a partner or employee of a multi-disciplinary partnership to comply with the provisions of this Act relating to the fidelity fund. The amounts payable to the fidelity fund by the legal practitioner partners of a multi-disciplinary partnership may be decided by reference to the total number of Australian legal practitioners employed by the partnership and other relevant matters. (sec.414-ssec.1) A regulation may provide that stated provisions of this part, and other provisions of this Act relating to the fidelity fund, do not apply to multi-disciplinary partnerships or apply with stated changes. (sec.414-ssec.2) For the application to a multi-disciplinary partnership of the provisions of this part and other provisions of this Act relating to the fidelity fund, a reference in those provisions to a default of a law practice extends to a default of a multi-disciplinary partnership, or a partner or employee of a multi-disciplinary partnership, whether or not any person involved is an Australian legal practitioner, but only if it happens in connection with the provision of legal services. (sec.414-ssec.3) Nothing in this section affects any obligation of an Australian legal practitioner who is a partner or employee of a multi-disciplinary partnership to comply with the provisions of this Act relating to the fidelity fund. (sec.414-ssec.4) The amounts payable to the fidelity fund by the legal practitioner partners of a multi-disciplinary partnership may be decided by reference to the total number of Australian legal practitioners employed by the partnership and other relevant matters.