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TRUST NOTIFICATIONS

This online form combines the notification requirements under rules 50, 51 and 66(2) of the Legal Profession Uniform General Rules 2015 into a single notification process.

Use this form to notify us of:

  • the opening or closure of a general trust account;

  • the closure of a law practice, cessation of legal practice or cessation of holding trust money; or

  • the appointment or cessation of an external examiner.

Should you have any queries, please contact the Trust Accounts Department: trust@lawsociety.com.au



Notification Details

NOTIFICATION OF OPENING A GENERAL TRUST ACCOUNT

Rule 50(1) of the Legal Profession Uniform General Rules 2015 provides that within 14 days after establishing a general trust account, a law practice must give the Law Society Council written notice of that fact.

This form, duly completed, will be accepted as written notification to the Law Society Council of the opening of a general trust account.

NOTIFICATION OF CLOSING A GENERAL TRUST ACCOUNT

Rule 50(3) of the Legal Profession Uniform General Rules 2015 provides that within 14 days after closure of a general trust account, a law practice must give the Law Society Council written notice of that fact.

This form, duly completed, will be accepted as written notification to the Law Society Council of the closure of a general trust account.

NOTIFICATION OF CLOSING LAW PRACTICE CEASING TO ENGAGE IN LEGAL PRACTICE OR CEASING TO RECEIVE TRUST MONEY

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.

APPOINTMENT OR CESSATION OF AN EXTERNAL EXAMINER

Rule 66(2), Legal Profession Uniform General Rules 2015 provides that a  law practice must notify the Law Society Council:

  • within 30 days of first receiving trust money — of the external examiner's appointment;

  • within 7 days of an external examiner ceasing — of that fact; and

  • within 30 days of an external examiner ceasing — of the successor's appointment.

This form, duly completed, will be accepted as written notification to the Law Society Council of the appointment or cessation of an external examiner for the law practice.

Law practice details

I, the authorised principal of the above law practice, notify the Law Society Council that a general trust account has been opened, as detailed below:

I, the authorised principal of the above law practice, notify the Law Society Council that a general trust account has been closed, as detailed below:

I, the authorised principal of the above law practice, notify the Law Society Council that the law practice has closed, has ceased to engage in legal practice, or has ceased to receive trust money, as detailed below:


I, the authorised principal of the above law practice, notify the Law Society Council that an external examiner has ceased to be the external examiner of the law practice, as detailed below:


I, the authorised principal of the above law practice, notify the Law Society Council of the appointment of an external examiner, as detailed below:


I, the authorised principal of the above law practice,  notify the Law Society Council that an external examiner has ceased and that a successor external examiner has been appointed, as detailed below:

Bank Details

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This can be a confirmation letter or email from the bank, or a final bank statement provided the closure is evidenced on the statement.
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Notes

  1. A law practice must not receive trust money unless a principal of the law practice holds an Australian practising certificate authorising the receipt of trust money; or the law practice is otherwise authorised to receive trust money under the Uniform Rules.

  2. A general trust account must be opened with an authorised Authorised Deposit-taking Institution (“authorised ADI”). A list of the authorised ADI’s can be obtained from the Law Society Website.

  3. Trust cheques and the authority to effect an Electronic Funds Transfer must be signed or effected by an authorised principal of the law practice. In the event that the authorised principal(s) is unavailable person(s) as prescribed by rule 43(2) may sign the trust cheque or effect the EFT.

Details of the external examiner appointed

Details of the outgoing external examiner

Details of the outgoing external examiner

Details of the external examiner appointed


Declaration