Lawyers and Conveyancers Act 2006

Fidelity Funds

316: Contributions and levies

You could also call this:

"Paying money to the Fidelity Fund to help keep it working properly"

Illustration for Lawyers and Conveyancers Act 2006

You pay contributions and levies to the Fidelity Fund. These are decided by resolutions made under sections like section 312(1) or section 313(1). The amount you pay can depend on things like the number of practitioners working with the public. You can also be charged an extraordinary levy, which is decided by resolutions made under sections like section 314(1) or section 315(1). This levy can be based on the total number of practitioners providing services to the public. It can also be based on other relevant matters. The people in charge look at these things to decide how much you pay. They use this information to make a fair decision about contributions and levies. This helps keep the Fidelity Fund working properly.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM367393.

This page was last updated on 4 January 2026 — View changes

Topics:

Money and consumer rights > TaxesBusiness > Industry rules

315: Power of New Zealand Society of Conveyancers to impose extraordinary levy, or

"The New Zealand Society of Conveyancers can charge extra fees to conveyancers if a special fund runs low."

317: Election not to receive money or other valuable property in trust, or

"Choosing not to handle trust money or valuable property when providing legal services"

Part 10Fidelity Funds

316Contributions and levies

Contributions required, by a resolution made under section 312(1) or section 313(1) to be paid by any practitioner or class of practitioners or any incorporated firm or class of incorporated firms and extraordinary levies imposed, by a resolution made under section 314(1) or section 315(1), on any practitioner or class of practitioners or any incorporated firm or class of incorporated firms may be determined by reference to—
the total number of practitioners engaged in the practice in providing regulated services to the public; and
other relevant matters.