sec.8FLaw practice referral through sale of business

### sec.8F Law practice referral through sale of business This section applies if— a law practice (the current practice ) sells all or part of the law practice’s business to another law practice (the new practice ); and as part of the sale, a claimant is to be referred to the new practice; and the claimant has not or will not have given notice of the claim under section 9 before the referral occurs. The supervising principal of the current practice must, before the referral occurs— complete a law practice certificate for the claim; and give the law practice certificate to the new practice and a copy of the certificate to the claimant. Maximum penalty—300 penalty units. If the new practice does not receive the law practice certificate mentioned in subsection (2) , the supervising principal of the new practice must, as soon as practicable— complete a notice that states the new practice has not received the certificate; and give the notice to the commissioner. s 8F ins 2022 No. 13 s 41 (sec.8F-ssec.1) This section applies if— a law practice (the current practice ) sells all or part of the law practice’s business to another law practice (the new practice ); and as part of the sale, a claimant is to be referred to the new practice; and the claimant has not or will not have given notice of the claim under section 9 before the referral occurs. (sec.8F-ssec.2) The supervising principal of the current practice must, before the referral occurs— complete a law practice certificate for the claim; and give the law practice certificate to the new practice and a copy of the certificate to the claimant. Maximum penalty—300 penalty units. (sec.8F-ssec.3) If the new practice does not receive the law practice certificate mentioned in subsection (2) , the supervising principal of the new practice must, as soon as practicable— complete a notice that states the new practice has not received the certificate; and give the notice to the commissioner. - (a) a law practice (the current practice ) sells all or part of the law practice’s business to another law practice (the new practice ); and - (b) as part of the sale, a claimant is to be referred to the new practice; and - (c) the claimant has not or will not have given notice of the claim under section 9 before the referral occurs. - (a) complete a law practice certificate for the claim; and - (b) give the law practice certificate to the new practice and a copy of the certificate to the claimant. - (a) complete a notice that states the new practice has not received the certificate; and - (b) give the notice to the commissioner.