No legal practitioner referred to in subsection (1) or person employed or supervised by that legal practitioner may receive or hold funds or property belonging to any person unless the legal. Legal practitioners operating trust account practices must follow the peremptory provisions in the lpa relating to the way trust money must be handled in order to remain. According to the legal practice act no.
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The south african legal practice council is hereby established as a body corporate with full legal capacity, and exercises jurisdiction over all legal practitioners and candidate legal practitioners. 28 of 2014, section 90 specifically addresses the provisions regarding attorneys practicing in partnership and their ability to operate on the trust. Nothing in this section or section 89 may be construed as preventing any attorney who was practising in partnership with a legal practitioner referred to in subsection (1) who is an.
Amended by legal practice amendment act 16 of 2017.
This means that this document will only contain even numbered pages as the other language is printed on uneven numbered. The legal practitioners fidelity fund (lpff) has issued seven updated publications regarding engagements on legal practitioners' trust accounts, including payment guidelines and. Guidance is provided to registered auditors in the special circumstances applicable to engagements on legal practitioners’ trust accounts, as required by the legal practice act, no. Currently we only have capacity to publish the english versions.
Accordingly, this revised guide contains considerations applicable to fraud and theft in the circumstances of engagements on legal practitioners’ trust accounts.
