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Trust account notifications

The Legal Profession Act 2006 requires legal practices that operate a trust account to notify the Society in certain situations. The listed notifications are now online forms available in the table below and in the Members Only section of the Society's website.

The Annual Reporting Obligations online forms will be activated on 1 April each year.

Should you have difficulty completing the online forms or if you are not a member please contact the Manager Regulatory Services on telephone (08) 8981 5104 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Annual reporting obligations (1 April to 31 March)


Annual Declaration Form A

12 April 2019

Required to be completed by all entities providing legal services (r71)

Should it be required prior to this date, please contact the Trust Account Supervisor

Annual Trust Money Statement Form B


26 April 2019

Required by all entities with controlled, invested and trust monies subject to a power (s270)

Should it be required prior to this date, please contact the Trust Account Supervisor

Notification 72

26 April 2019

Appointment or termination of an External Examiner (r72)

Self-Assessment Check List

To be provided to the external examiner

Practitioners / practices who have received entrusted money during the reporting

This should be completed and provided to your external examiner when you engage them

External Examiners Report

31 May 2019


In the normal course of business it is the Examiner, because it is their report who will submit the report. However it is the practitioner who is ultimately responsible to ensure the report is submitted.

(Final report to include Annual Declaration Part A, B and the Self-Assessment Check List)

Annual Declaration - Persons authorised to effect withdrawals 1 July (r55(2)(b)

1 August 2019



 Ad hoc reporting requirements


Notification 77

Within 14 Days

Open a trust account

Notification 77(1)(c)

Within 14 Days

Update signatories to an existing trust account

Notification 73

Within 14 Days

Closure of general, controlled and/or investment trust accounts (including information required under r55(2)

Notification S256(1)(2)

Within 14 Days

Suspected or identified irregularities of trust money

Unclaimed trust money

After two years of dormant ledger accounts

Application to submit
Normal 0 false false false EN-AU X-NONE X-NONE

Annual Self-Assessed Compliance Check List?

Last modified: 26/06/2019 2:58 PM

Office Location

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Darwin NT 0800

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Darwin NT 0801


Telephone: (08) 8981 5104
Fax: (08) 8941 1623
ABN: 62 208 314 893