Legal Profession Uniform Law (NSW)
145Protection of trust money
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145 Protection of trust money
145 Protection of trust money
(1) Money standing to the credit of a trust account maintained by a law practice is not available for the payment of debts of the law practice or any of its associates.
(2) Money standing to the credit of a trust account maintained by a law practice is not liable to be attached or taken in execution for satisfying a judgment against the law practice or any of its associates.
(3) This section does not apply to money to which a law practice or associate is entitled.