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Legal Profession Regulation 2007
78Audit of deposits etc
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78 Audit of deposits etc
(1) The law society must keep records of each of the following:
(a) money deposited with it under this division;
(b) interest received by it from the investment of the money;
(c) amounts credited to an account under section 76 (2)
(Arrangements relating to statutory interest account);
(d) payments made by it out of the statutory interest account;
(e) the use of money standing to the credit of a statutory interest
(2) The law society must have the records audited annually by a
registered company auditor within the meaning of the Corporations
Act.
(3) The law society must give a copy of each audit under this section to
the Attorney-General.
Miscellaneous Division 6.9