Part 9 Lawyers and Conveyancers Special Fund

289 Lawyers and Conveyancers Special Fund

(1)

The New Zealand Law Society Special Fund, which was established by section 91B of the Law Practitioners Act 1982, continues in existence but is, as from the commencement of this Act, to be known as the Lawyers and Conveyancers Special Fund.

(2)

Subject to subsection (3), the Special Fund is, by this Act, vested in the New Zealand Law Society and the New Zealand Society of Conveyancers jointly and is to be held by those societies in trust for the purposes specified in this Part.

(3)

Until the whole of Part 5 comes into force, the Special Fund remains the property of the New Zealand Law Society and is to be held in trust for the purposes specified in this Part.

Compare: 1982 No 123 s 91B