Payment of manual trust interest

Overview

In terms of section 86(5)(a) of the Legal Practice Act interest accrued on money deposited in terms of this section must, in the case of money deposited in terms of subsections (2) and (3), be paid over to the Fund and vests in the Fund.
AuthorLegal Practitioners Fidelity Fund
DivisionAudit and Assurance
Keywords
Audit of Legal Practitioners’ Trust Accounts
manual interest
Categories
Audit of Legal Practitioners’ Trust Accounts
DateFebruary 2021
File