LCRO 76/2021 PJ v RK (19 July 2022) [pdf, 208 KB]
...interest’ in the Trust. Breach of Trust Account Regulations [14] Mr PJ says that, as he had a ‘fixed beneficial interest’ and was a person having a legal and beneficial interest, Mr RK was obliged to send him copies of invoices before deducting fees from trust funds.10 [15] He says that Mr RK has breached reg. 9 of the Trust Account Regulations.11 10 The term ‘trust funds’ encompasses both the family trust funds and estate funds. 11 Lawyers and Conveyancers Act...