Legal Profession Act · 2022 Revised Edition · Part 8
64. Bank accounts
Official textFrom Attorney General's Chambers, unchanged
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
advocate and solicitor
“advocate and solicitor” means an advocate and solicitor of the Supreme Court;
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 —
Society
“Society” means the Law Society of Brunei Darussalam established by His Majesty the Sultan and Yang Di-Pertuan in Council by an order made under section 62(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
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.
Supplementary
Terms defined in s 2
advocate and solicitor
Defined · s 2“advocate and solicitor” means an advocate and solicitor of the Supreme Court;
Society
Defined · s 2“Society” means the Law Society of Brunei Darussalam established by His Majesty the Sultan and Yang Di-Pertuan in Council by an order made under section 62(1)(a).…