37Deposit records for trust money

#### 37 Deposit records for trust money 37 Deposit records for trust money > > (1) If a law practice receives trust money that is required to be paid into a general trust account and the money is not paid into a general trust account by direct deposit, a deposit record must be produced to the ADI at the time the deposit is made. > > > (2) The following particulars must be recorded on the deposit record— > > > > > (a) the date of the deposit, > > > > > (b) the amount of the deposit, > > > > > (c) whether the deposit consists of cheques or cash (and the amount of each), > > > > > (d) for each cheque— > > > > > > > (i) the name of the drawer of the cheque, and > > > > > > > (ii) the name and branch (or BSB number) of the ADI on which the cheque is drawn, and > > > > > > > (iii) the amount of the cheque. > > > (3) The deposit record must be made out in duplicate. > > > (4) The duplicate deposit record must be kept for each deposit to the general trust account and must be kept in a deposit book or be otherwise securely filed in the order in which the deposits were made.