Waikato Bay of Plenty Standards Committee 2 v Leach [2024] NZLCDT 19 (3 July 2024) [pdf, 271 KB]
...this is a fundamental failing”. We also accept the submission that these sorts of trust accounting breaches have always been regarded as very serious by the Tribunal. [15] Client funds held in a trust account are separately identified and protected and may only be disbursed in particular circumstances. [16] In contrast, these funds were intermingled with other funds in Ms Leach’s account and were at least theoretically at risk, in contrast to the safety attached had they...