Lawyers and Conveyancers Act (Lawyers: Income Sharing With Patent Attorneys) Regulations 2008 (SR 2008/220)

Regulation by clause

5 Notice requirements
  • (1) A practice or mixed practice that enters into an income-sharing arrangement must give notice in writing to the Law Society of the following:

    • (a) the date the income-sharing arrangement commences:

    • (b) any changes to the parties to the income-sharing arrangement:

    • (c) the date any income-sharing arrangement terminates:

    • (d) the date of creation of a mixed practice:

    • (e) the date of dissolution of a mixed practice:

    • (f) the partnership of a mixed practice and any alteration to that partnership.

    (2) A notice given under this regulation must include the name and address of the relevant patent attorney firm.

    (3) A notice is not required in respect of an income-sharing arrangement that is a one-off instance of income sharing.