Legal Profession Act 1987 No 109
Historical version for 22 November 2002 to 5 December 2002 (accessed 31 January 2015 at 08:33) Repealed version
Part 9Division 3Section 122C

122C   Claims against Fidelity Fund relating to managed investment schemes connected with solicitors

(1)  A person who entrusts money to a solicitor to be invested in a managed investment scheme that is operated by a responsible entity is not entitled to make a claim against the Fidelity Fund for the purpose of obtaining compensation for any pecuniary loss arising from that investment if section 122B (2) applied in respect of the entrustment of that money.
(2)  Subsection (1) does not apply if the solicitor who acted for the person failed to comply with the notice requirements set out in section 122B.
(3)  The notice requirements set out in section 122B are the requirements of subsections (2), (3) and (4) of that section.
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