Rule 51(1) of the Legal Profession Uniform General Rules 2015 provides that a law practice must give written notice to the Law Society Council within 14 days of the law practice ceasing to hold trust money because it ceases to exist as a law practice, to engage in legal practice or to practise in such a way as to receive trust money.
This form, duly completed, will be accepted as written notification to the Law Society Council of a law practice closing, ceasing to engage in legal practice, or ceasing to receive trust money.