Legal Profession › Trust Accounts
If a law practice receives trust money it must deposit it to a general trust account unless the trust money falls into one of the specific exclusions as detailed in section 215. The law practice must establish and maintain in accordance with the regulations a general trust account at an Approved Authorised Deposit Taking Institution ("ADI") in Western Australia.
Please refer to the following items for more information.
- Authorised Signatories
- External Examiner's Checklist
- External Examiner's Report Guidance Notes
- Notification of Appointment or Termination of External Examiner
- Notification of Closure of Trust Account (Closure of Law Practice)
- Notification of Opening - Closing a Trust Account
- Reporting Irregularities
- Trust Account Statements
- Trust Account Withdrawals
- Trust Accounting Software Systems
- Trust Accounts - General and Controlled Money