sec.47Way in which controlled money accounts must be kept— Act , s 251

### sec.47 Way in which controlled money accounts must be kept— Act , s 251 For section 251 (4) of the Act , a controlled money account must be kept under an account name that includes the following particulars— the name of the law practice concerned; the expression ‘controlled money account’ or the abbreviation ‘CMA’ or ‘CMA/c’; other particulars that are sufficient to identify the purpose of the account and to distinguish the account from any other account kept by the law practice. This section does not apply to an account established in this jurisdiction before 1 July 2007. (sec.47-ssec.1) For section 251 (4) of the Act , a controlled money account must be kept under an account name that includes the following particulars— the name of the law practice concerned; the expression ‘controlled money account’ or the abbreviation ‘CMA’ or ‘CMA/c’; other particulars that are sufficient to identify the purpose of the account and to distinguish the account from any other account kept by the law practice. (sec.47-ssec.2) This section does not apply to an account established in this jurisdiction before 1 July 2007. - (a) the name of the law practice concerned; - (b) the expression ‘controlled money account’ or the abbreviation ‘CMA’ or ‘CMA/c’; - (c) other particulars that are sufficient to identify the purpose of the account and to distinguish the account from any other account kept by the law practice.