370Requirements—trust records examinations, trust records investigations and compliance audits

370 Requirements—trust records examinations, trust records investigations and compliance audits

370 Requirements—trust records examinations, trust records investigations and compliance audits

(1) For the purpose of carrying out a trust records examination, trust records investigation or compliance audit in relation to a law practice, an investigator may, on production of evidence of his or her appointment for inspection, require the law practice or any person who has or had control of documents relating to the affairs of the law practice to give the investigator either or both of the following—

(a) access to the documents relating to the affairs of the law practice the investigator reasonably requires;

(b) information relating to the affairs of the law practice the investigator reasonably requires (verified by statutory declaration if the requirement so states).

(2) A person who is subject to a requirement under subsection (1) must comply with the requirement.

Civil penalty: 50 penalty units.

Note

Section 466 contains provisions relating to compliance with this section.