LEGAL PROFESSION REGULATIONS 2007
37Copies of trust records to be printed
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37 Copies of trust records to be printed (1) The law practice must print a paper copy of trust records as follows: (a) trust account cash books must be printed monthly as at the end of each named month, unless a copy of the books as at the end of the named month is kept in electronic form that is readable or reportable on demand; (b) reconciliation statements prepared under regulation 53 must be printed as at the end of each named month;
Legal Profession Regulations 2007 21 (c) lists of trust account ledgers and their balances must be printed monthly as at the end of each named month; (d) lists of controlled money accounts and their balances must be printed monthly as at the end of each named month; (e) trust ledger accounts, the register of controlled money and the trust account transfer journal must be printed before they are archived or deleted from the system; (f) trust ledger account and controlled money account details must be printed on request by and provided to an investigator as defined in section 618 of the Act. (2) The trust records printed monthly as at the end of a named month under subregulation (1)(a) to (d) must be printed within 15 working days after the named month. (3) The paper copies printed under subregulation (1) must be kept by the law practice, except if they are printed on request under that subregulation. (4) The electronic copy of the trust account cash books under subregulation (1)(a) must be kept by the law practice.