Payment of unclaimed and unknown trust monies in accordance with Section 87(4) of the LPA

Overview

The remaining Chapters of the Legal Practice Act, No. 28 of 2014 (LPA) were gazetted on the 31st of October 2018, thereby making it mandatory for Legal Practitioners to pay any unclaimed and unknown monies held in a trust account to the Legal Practitioners’ Fidelity Fund (LPFF) in accordance with section 87(4)(a) of this Act.
AuthorLegal Practitioners Fidelity Fund
DivisionAudit and Assurance
Keywords
Audit of Legal Practitioners’ Trust Accounts
Categories
Audit of Legal Practitioners’ Trust Accounts
unknown trust monies
Date25 May 2022
URL