sec.211ADefinitions for pt 2

sec.211A Definitions for pt 2

In this part— cadastral surveyor see the Surveyors Act 2003 , schedule 3 . law practice means any of the following, within the meaning of the Legal Profession Act 2007 , that has an office in Queensland— an Australian legal practitioner who is a sole practitioner but not a barrister under that Act; a law firm; an incorporated legal practice; a multi-disciplinary partnership. prescribed trust account , for a recognised entity, means— if the recognised entity is a law practice—a trust account kept by the practice under the Legal Profession Act 2007 ; or if the recognised entity is the public trustee—a common fund held by the public trustee under the Public Trustee Act 1978 ; or if the recognised entity is a real estate agent—a trust account kept by the agent under the Agents Financial Administration Act 2014 . proposed lot means a lot intended to come into existence as a lot included in a community titles scheme when the scheme is established or changed. public trustee means the public trustee under the Public Trustee Act 1978 . real estate agent means a real estate agent carrying on business as a real estate agent under the Property Occupations Act 2014 . recognised entity means any of the following— a law practice; the public trustee; a real estate agent. s 211A ins 2014 No. 46 s 11

• (a) an Australian legal practitioner who is a sole practitioner but not a barrister under that Act;
• (b) a law firm;
• (c) an incorporated legal practice;
• (d) a multi-disciplinary partnership.
• (a) if the recognised entity is a law practice—a trust account kept by the practice under the Legal Profession Act 2007 ; or
• (b) if the recognised entity is the public trustee—a common fund held by the public trustee under the Public Trustee Act 1978 ; or
• (c) if the recognised entity is a real estate agent—a trust account kept by the agent under the Agents Financial Administration Act 2014 .
• (a) a law practice;
• (b) the public trustee;
• (c) a real estate agent.