sec.52Way in which transit money must be accounted for— Act , s 253

### sec.52 Way in which transit money must be accounted for— Act , s 253 This section applies if a law practice receives transit money. For section 253 (2) of the Act , the law practice must record and keep brief particulars sufficient to identify the relevant transaction and any purpose for which the money was received. (sec.52-ssec.1) This section applies if a law practice receives transit money. (sec.52-ssec.2) For section 253 (2) of the Act , the law practice must record and keep brief particulars sufficient to identify the relevant transaction and any purpose for which the money was received.