South Australian Consolidated Acts

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LEGAL PRACTITIONERS ACT 1981 - SECT 49

49—Supreme Court may grant authority permitting insolvent persons to practise

        (1)         A legal practitioner

            (a)         who has become bankrupt or subject to a composition or deed of arrangement or assignment with or for the benefit of creditors; or

            (b)         who is or has been a director of an incorporated legal practitioner during the winding up of the company for the benefit of creditors,

must not, without the authority of the Supreme Court, practise the profession of the law.

Maximum penalty: $10 000.

        (1a)         Authority may be granted under this section on the application of a legal practitioner who is or is about to become bankrupt or subject to a composition or deed of arrangement or assignment with or for the benefit of creditors or who is or has been a director of an incorporated legal practitioner that is being or is about to be wound up for the benefit of creditors.

        (2)         The Supreme Court may grant an authority under this section on such conditions as it thinks fit.

        (3)         A legal practitioner must not contravene or fail to comply with any condition of an authority granted by the Supreme Court under this section.

Maximum penalty: $10 000.



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