Legal Profession (Prevention of Money Laundering, Financing of Terrorism and Proliferation Financing) Rules 2015 · As enacted · Part 3 · Keeping of Records
21. Sufficiency of documents and records relating to relevant matters
Feedback & supportA legal practitioner must take reasonable steps to ensure that the documents and records relating to a relevant matter in which the legal practitioner has acted are sufficient —
to substantially permit a reconstruction of the relevant matter and of any transaction relating to the relevant matter; and
if necessary, to provide evidence for the prosecution of an offence relating to the relevant matter.
A law practice must take reasonable steps to ensure that the documents and records relating to a relevant matter in which the law practice, or any legal practitioner in the law practice, has acted are sufficient —
to substantially permit a reconstruction of the relevant matter and of any transaction relating to the relevant matter; and
if necessary, to provide evidence for the prosecution of an offence relating to the relevant matter.
Subregulation 1
A legal practitioner must take reasonable steps to ensure that the documents and records relating to a relevant matter in which the legal practitioner has acted are sufficient —
to substantially permit a reconstruction of the relevant matter and of any transaction relating to the relevant matter; and
if necessary, to provide evidence for the prosecution of an offence relating to the relevant matter.
Subregulation 2
A law practice must take reasonable steps to ensure that the documents and records relating to a relevant matter in which the law practice, or any legal practitioner in the law practice, has acted are sufficient —
to substantially permit a reconstruction of the relevant matter and of any transaction relating to the relevant matter; and
if necessary, to provide evidence for the prosecution of an offence relating to the relevant matter.