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Home/Legislation/Legal Profession Uniform Law Application Act 2022/Part 8

WAIn ForceAct

Legal Profession Uniform Law Application Act 2022

Part 8Fidelity cover

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Turn the raw legal text into a practical explanation grounded in Legal Profession Uniform Law Application Act 2022.

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Part 8 — Fidelity cover

Division 1 — Guarantee Fund

Term used: claim 102
Solicitors’ Guarantee Fund 102
Payments out of Guarantee Fund 103
Application of Guarantee Fund for claims 103
Investment of Guarantee Fund 104
Notice of levy to supplement Guarantee Fund imposed under Uniform Law s. 226 104
Audit under Uniform Law s. 232 105

Division 2 — Interest on trust accounts

Trust account arrangements to pay no more than 51% of interest to Legal Contribution Trust 105
Application of interest 105
Audit of expenditure 108

Previous sectionSubdiv 2Annual contribution for PII arrangement

Next sectionPart 9Proceedings

Part Part 8 - Legal Profession Uniform Law Application Act 2022 - Fidelity cover | Zoe