344Records and accounts of law practice under receivership and dealings with trust money

344 Records and accounts of law practice under receivership and dealings with trust money

344 Records and accounts of law practice under receivership and dealings with trust money

(1) The receiver for a law practice must maintain the records and accounts of the practice that he or she manages—

(a) separately from the management of the affairs of the law practice before his or her appointment as receiver; and

(b) separately from the affairs of any other law practice that the receiver is managing or for which the receiver is appointed as external intervener; and

(c) in the manner specified in the Uniform Rules for the purposes of this section.

(2) Subject to subsection (1), the receiver for a law practice must deal with trust money of the practice in the same way as a law practice must deal with trust money.