You need to put all the money that belongs to the Lawyers and Conveyancers Special Fund into a separate bank account. This account is called the Lawyers and Conveyancers Special Fund Account. The money stays in this account until it is used or invested according to the rules.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM367354.
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All money belonging to the Special Fund must, pending its application or investment in accordance with this Part, be paid into a bank to the credit of a separate account to be called the Lawyers and Conveyancers Special Fund Account.
