Legal Profession Uniform Law (NSW)
152Determinations about status of money
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152 Determinations about status of money
152 Determinations about status of money
(1) The designated local regulatory authority may determine that money held by a law practice is or is not trust money if it considers there is doubt or a dispute about its status.
(2) The designated local regulatory authority may revoke or modify a determination under this section.
(3) This section has effect subject to a decision of a court or administrative review body made in relation to the money.