QLDIn ForceAct
Legal Profession Act 2007
sec.761Continuing application of Trust Accounts Act, ss 15 and 16
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### sec.761 Continuing application of Trust Accounts Act, ss 15 and 16
This section applies in relation to an audit, under the Trust Accounts Act, of the accounting and other records and trust accounts of a trustee.
The Trust Accounts Act, section 15, as in force immediately before the commencement day continues to apply in relation to the performance of the audit by the trustee’s auditor.
The Trust Accounts Act, section 16, as in force immediately before the commencement day continues to apply to the trustee and the trustee’s auditor in relation to the performance of the audit.
Without limiting subsection (2)—
an obligation imposed on the trustee’s auditor under the Trust Accounts Act, section 15(9) or (10), continues to apply to the auditor; and
the Trust Accounts Act, section 15(12) and (13), continues to apply in relation to the audit.
(sec.761-ssec.1) This section applies in relation to an audit, under the Trust Accounts Act, of the accounting and other records and trust accounts of a trustee.
(sec.761-ssec.2) The Trust Accounts Act, section 15, as in force immediately before the commencement day continues to apply in relation to the performance of the audit by the trustee’s auditor.
(sec.761-ssec.3) The Trust Accounts Act, section 16, as in force immediately before the commencement day continues to apply to the trustee and the trustee’s auditor in relation to the performance of the audit.
(sec.761-ssec.4) Without limiting subsection (2)— an obligation imposed on the trustee’s auditor under the Trust Accounts Act, section 15(9) or (10), continues to apply to the auditor; and the Trust Accounts Act, section 15(12) and (13), continues to apply in relation to the audit.
- (a) an obligation imposed on the trustee’s auditor under the Trust Accounts Act, section 15(9) or (10), continues to apply to the auditor; and
- (b) the Trust Accounts Act, section 15(12) and (13), continues to apply in relation to the audit.