77Disclosure of accounts used to hold money entrusted to legal

77 Disclosure of accounts used to hold money entrusted to legal practitioners (1) For section 286(1) of the Act, the details of which a law practice is required to give notice to the Law Society in relation to each account maintained at an ADI in which the practice or any legal practitioner associate holds money entrusted to the practice or associate, are as follows: (a) the name of the ADI, together with its BSB number; (b) the name of the account, together with its account number; (c) the name of each person authorised to operate on the account; (d) for each amount of money so entrusted: (i) the name of the person for whom the money is entrusted; and (ii) the purpose for which the money is entrusted; and (iii) the date on which the money is deposited in the account, together with the manner in which it is deposited; and (iv) the date on which the money is withdrawn from the account, together with the manner in which it is withdrawn. (2) The details mentioned in subregulation (1) must be notified to the Society at the times and in the manner required by the Society.