Section 256(1) of the Legal Profession Act 2006 provides that a legal practitioner associate must give written notice to the Law Society Council as soon as practicable after becoming aware that there is an irregularity in any of the law practice’s trust accounts or trust ledger accounts.
Section 256(2) of the Legal Profession Act 2006 provides that an Australian legal practitioner must give written notice to the Law Society Northern Territory as soon as practicable after forming the belief on reasonable grounds that there is an irregularity in connection with the receipt, recording or disbursement of any trust money received by a law practice of which the practitioner is not a legal practitioner associate.