Legal Profession (Professional Conduct) Rules 2015 · As enacted · Part 5A · Rules Applicable to Third-Party Funding
49A. Disclosure of third-party funding
Feedback & supportLast amended by an amending law of 2017.
When conducting any dispute resolution proceedings before a court or tribunal, a legal practitioner must disclose to the court or tribunal, and to every other party to those proceedings —
the existence of any third-party funding contract related to the costs of those proceedings; and
the identity and address of any Third-Party Funder involved in funding the costs of those proceedings.
The disclosure under paragraph (1) must be made —
at the date of commencement of the dispute resolution proceedings where the third-party funding contract is entered into before the date of commencement of those proceedings; or
as soon as practicable after the third-party funding contract is entered into where the third-party funding contract is entered into on or after the date of commencement of the dispute resolution proceedings.
Subregulation 1
When conducting any dispute resolution proceedings before a court or tribunal, a legal practitioner must disclose to the court or tribunal, and to every other party to those proceedings —
the existence of any third-party funding contract related to the costs of those proceedings; and
the identity and address of any Third-Party Funder involved in funding the costs of those proceedings.
Subregulation 2
The disclosure under paragraph (1) must be made —
at the date of commencement of the dispute resolution proceedings where the third-party funding contract is entered into before the date of commencement of those proceedings; or
as soon as practicable after the third-party funding contract is entered into where the third-party funding contract is entered into on or after the date of commencement of the dispute resolution proceedings.