Communication and guidance

Communication on the Sweeping of the 5% of interest earned on Section 86(4) trust investments in terms of Section 86(5) of the Legal Practice Act

Overview

This communication explains the sweeping of 5% interest earned on S86(4) trust investment which is in accordance with S86(5) of the Legal Practice Act (effective from 1 March 2019)

Author	The Legal Practitioners Fidelity Fund (LPFF)
Division	Audit and Assurance
Keywords	Audit of Legal Practitioners’ Trust Accounts
Categories	Audit of Legal Practitioners’ Trust Accounts sweeping; interest
Date	Feb 2019
File	Communication on the Sweeping of 5% interest (pdf)