Lawyers and Conveyancers Act 2006

Lawyers and Conveyancers Special Fund

296: Investment of money

You could also call this:

"Putting Special Fund money in a bank account to earn interest"

Illustration for Lawyers and Conveyancers Act 2006

You can put money from the Special Fund in an interest-bearing bank account. This is allowed while you are waiting to use the money as stated in this part of the law. The money cannot be invested in any other way.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM367359.

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295: Bank accounts, or

"The Management Committee's bank accounts and how they use them"


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297: Audit of accounts, or

"Lawyers' money is checked by an auditor every year."

Part 9Lawyers and Conveyancers Special Fund

296Investment of money

  1. Any money belonging to the Special Fund may, pending its application in accordance with this Part, be kept in an interest-bearing account at a bank, but may not otherwise be invested.

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