NSWIn ForceRegulation
Legal Profession Uniform General Rules 2015
59Register of investments
Start here
Get a plain-English read of 59
Turn the raw legal text into a practical explanation grounded in Legal Profession Uniform General Rules 2015.
#### 59 Register of investments
59 Register of investments
> > (1) If a law practice invests trust money for or on behalf of a client, the law practice must maintain a register of investments of trust money that records the following information in relation to each investment—
> >
> > > (a) the name in which the investment is held,
> >
> > > (b) the name of the person on whose behalf the investment is made,
> >
> > > (c) the person’s address,
> >
> > > (d) particulars sufficient to identify the investment,
> >
> > > (e) the amount invested,
> >
> > > (f) the date the investment was made,
> >
> > > (g) particulars sufficient to identify the source of the investment,
> >
> > > (h) details of any documents evidencing the investment,
> >
> > > (i) details of any interest received from the investment or credited directly to the investment,
> >
> > > (j) details of the repayment of the investment and any interest, on maturity or otherwise.
>
> > (2) This rule does not require particulars to be recorded in the register if the particulars are required to be recorded elsewhere by another rule.