New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) Every lawyer to whom, and every incorporated law firm to which, this Part applies must pay into the Lawyers' Fidelity Fund contributions of such amounts as are from time to time prescribed by a resolution made by the Council of the New Zealand Law Society, with the approval of the Minister.
(2) A resolution under subsection (1) may provide for the amounts of the contributions to differ in all or any of the following ways:
(a) as between lawyers and incorporated law firms; and
(b) as between different classes of lawyers; and
(c) as between different classes of incorporated law firms.
(3) The amount of every contribution payable under a resolution made under subsection (1)—
(a) is payable on such date or dates and in such manner as is fixed by the resolution; and
(b) is recoverable on behalf of the Lawyers' Fidelity Fund by the New Zealand Law Society as a debt due to that Society.
(4) This section is subject to sections 314 and 317.
(5) Nothing in this section limits sections 311(1)(n) and 316.
