sec.325LSupervising principal must complete law practice certificate on finalisation of claim for damages

### sec.325L Supervising principal must complete law practice certificate on finalisation of claim for damages This section applies if— a law practice is retained by a claimant to act in relation to the claimant’s claim for damages; and either— the claimant or the insurer accepts an offer, or counter offer, of settlement; or judgment is given on the claim. The supervising principal of the law practice in relation to the claim for damages must— complete a law practice certificate for the claim; and give the certificate to the insurer and a copy of the certificate to the claimant within 7 days after the acceptance or judgment. Maximum penalty—300 penalty units. s 325L ins 2022 No. 13 s 60 (sec.325L-ssec.1) This section applies if— a law practice is retained by a claimant to act in relation to the claimant’s claim for damages; and either— the claimant or the insurer accepts an offer, or counter offer, of settlement; or judgment is given on the claim. (sec.325L-ssec.2) The supervising principal of the law practice in relation to the claim for damages must— complete a law practice certificate for the claim; and give the certificate to the insurer and a copy of the certificate to the claimant within 7 days after the acceptance or judgment. Maximum penalty—300 penalty units. - (a) a law practice is retained by a claimant to act in relation to the claimant’s claim for damages; and - (b) either— (i) the claimant or the insurer accepts an offer, or counter offer, of settlement; or (ii) judgment is given on the claim. - (i) the claimant or the insurer accepts an offer, or counter offer, of settlement; or - (ii) judgment is given on the claim. - (i) the claimant or the insurer accepts an offer, or counter offer, of settlement; or - (ii) judgment is given on the claim. - (a) complete a law practice certificate for the claim; and - (b) give the certificate to the insurer and a copy of the certificate to the claimant within 7 days after the acceptance or judgment.