Legal Profession Act · s 64

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s 64Bank accounts

Where an advocate and solicitor keeps an account with a bank in pursuance of rules under section 23 (as saved by section 5(2) of the Legal

Profession Act (Amendment) Order, 2003) (S 40/2003) or in pursuance of rules made by the Society with the approval of the Chief Justice under the powers conferred on it by Schedule 1 —

(a)

the bank shall not incur any liability, or be under any obligation to make any inquiry, or be deemed to have any knowledge of any right of any person to any money paid or credited to the account, which it would not incur or be under or be deemed to have in the case of an account kept by a person entitled absolutely to all the money paid or credited to it; and

(b)

the bank shall not have any recourse or right against money standing to the credit of the account, in respect of any liability of the advocate and solicitor to the bank, other than a liability in connection with the account.

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