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Lawyers and Conveyancers Act 2006

Fidelity Funds

324: Claims against fidelity fund

You could also call this:

"What to do if a lawyer does something wrong and you want to claim money back"

Illustration for Lawyers and Conveyancers Act 2006

You can make a claim against a fidelity fund if something goes wrong. A regulatory society can help you with your claim. They can sort it out at any time after the problem happened. You need to tell the regulatory society or the fund's management committee about your claim in writing. You must do this within 12 months of finding out about the problem. They might give you more time if you ask them. You can look at the law from 1986 for more information about claims like this.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM367805.

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Money and consumer rights > Consumer protectionCrime and justice > Courts and legal help
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323: Advances from fidelity fund for purposes of this Part, or

"Getting money from a special fund to fix lawyer trust account problems"

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325: Defences to claims against fund, or

"What excuses can be used to defend claims against the Lawyers' Fidelity Fund?"

Part 10Fidelity Funds

324Claims against fidelity fund

  1. A regulatory society may receive and settle any claim against a fidelity fund held by that regulatory society under this Part.

  2. Such a claim may be received and settled at any time after the commission of the claim event in respect of which the claim arose.

  3. No person may bring a claim against a fidelity fund held under this Part by a regulatory society unless notice of the claim is given in writing to the regulatory society or the fund's management committee within 12 months after the claimant has become aware of the claim event, or within such further time as the regulatory society or committee may in its discretion allow.

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