QLDIn ForceAct
Legal Profession Act 2007
sec.765Continuing application of Trust Accounts Act, s 30
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### sec.765 Continuing application of Trust Accounts Act, s 30
This section applies to an auditor’s report given under the Trust Accounts Act to the supervising entity in relation to an audit of the accounting and other records and trust accounts of a trustee.
The Trust Accounts Act, section 30(1), as in force immediately before the commencement day continues to apply to the supervising entity in relation to the report.
Also, the supervising entity must make the report available for inspection by—
an external examiner who first examines the trustee’s trust records under this Act after the commencement day; and
another person the supervising entity considers has a genuine reason for inspecting the report.
An external examiner or other person mentioned in subsection (3) may, with the supervising entity’s approval, make a copy of, or take an extract from, the report.
(sec.765-ssec.1) This section applies to an auditor’s report given under the Trust Accounts Act to the supervising entity in relation to an audit of the accounting and other records and trust accounts of a trustee.
(sec.765-ssec.2) The Trust Accounts Act, section 30(1), as in force immediately before the commencement day continues to apply to the supervising entity in relation to the report.
(sec.765-ssec.3) Also, the supervising entity must make the report available for inspection by— an external examiner who first examines the trustee’s trust records under this Act after the commencement day; and another person the supervising entity considers has a genuine reason for inspecting the report.
(sec.765-ssec.4) An external examiner or other person mentioned in subsection (3) may, with the supervising entity’s approval, make a copy of, or take an extract from, the report.
- (a) an external examiner who first examines the trustee’s trust records under this Act after the commencement day; and
- (b) another person the supervising entity considers has a genuine reason for inspecting the report.