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Rules of Practice 1994 (S.R. 1994, No. 229)
Requested:  28 Mar 2017
Consolidated as at:  17 Mar 2006

60. Designated trust deposit account

(1) A designated trust deposit account is to be –

(a) with a bank's head office in Hobart; and

(b) entitled "The Solicitors' Trust – Solicitors' Deposit Account".

(2) A firm, on making a payment out of its trust bank account into a designated trust deposit account under section 102(1) of the Act, must provide the Trust with a certificate in accordance with Form 1 of Schedule 2.
(3) If a firm is not required to pay any further amount into a designated trust deposit account under section 102(1) of the Act, it must provide the Trust with a certificate in accordance with Form 2 of Schedule 2.
(4) A firm requiring repayment of an amount by the Trust under section 102(4) of the Act must provide the Trust with a certificate and application in accordance with Form 3 of Schedule 2.

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CURRENT VIEW: 31 Dec 1994 - 1 Oct 2016
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