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Notification forms

The Legal Profession Uniform General Rules 2015 provides for a number of notifications to the designated local regulatory authority - the Law Society - under Chapter 4 of the Legal Profession Uniform Law.

The following forms will assist law practices to comply with the Rules. 

Opening and closing accounts

Notification of opening a general trust account - Rule 50 (1)
Use this form to notify the designated local regulatory authority - the Law Society - of the opening of a general trust account. It should be noted that a general trust account can only be maintained with an authorised ADI. See a list of authorised ADIs.

Notification of closing a general trust account - Rule 50 (3)
Use this form to notify the designated local regulatory authority - the Law Society - of closing a general trust account.

Notification of closing law practice, ceasing to engage in legal practice, or ceasing to receive trust money - Rule 51
Use this form to notify the designated local regulatory authority - the Law Society - when a law practice ceases 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.

Authorised signatories

Notification of authorised signatories as at July each year - Rule 50 (2)
Use this form to notify the designated local regulatory authority - the Law Society - in July of each year of persons, who have been authorised to sign trust cheques or otherwise to effect, direct or give authority for the withdrawal of money from a general trust account if the authorised signatories were not notified as part of the Law Practice Confirmation and Trust Money Statement most recently submitted.

External examiners

Notification of appointment or cessation of external examiner - Rule 66 (2)
Use this form to notify the designated regulatory authority - the Law Society - on each occasion of the appointment or cessation of an External Examiner.

Request for approval for termination of external examiner - Rule 66 (3) and (4)
Use this form to request approval from the designated regulatory authority - the Law Society - prior to terminating an External Examiner.

Officers of the Trust Accounts Department are available to discuss each of the above requirements of the Legal Profession Uniform General Rules.

CONTACT

  • Trust Accounts Department
  • The Law Society of NSW
  • 170 Phillip St
  • Sydney NSW 2000
  • DX 362 Sydney 
  • T: (02) 9926 0337
  • F: (02) 9223 3602
  • E: tad@lawsociety.com.au
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