An Alert on the Latest Publications from the Legal Practitioners Fidelity Fund
Registered auditors are advised to take note of the following publications from the Legal Practitioners Fidelity Fund (LPFF):
- Legal practitioners paying Section 86(2) and (3) trust interest due to the LPFF to the incorrect bank accounts, available on:
Click to access Section-862-and-3-Manual-Trust-Interest-Payments.pdf
- List of banks that have entered into banking arrangements with the LPFF in terms of Section 63(1)(g) of the Legal Practice Act, No. 28 of 2014 (LPA), available on:
Click to access List-of-banks-that-have-entered-into-a-banking-arrangements-with-the-LPFF.pdf
- Payment of trust interest accrued on trust accounts held in terms of Section 86 of the LPA to the LPFF, available on:
- Payment of unclaimed and unknown trust monies in accordance with Section 87(4) of the LPA, available on:
- Revised application for the refund of bank charges and audit fees form, available on:
Click to access Revised-Application-for-Refund-of-Bank-Charges-and-Audit-Fees-Form.pdf
- Registered auditors may submit an agreed-upon procedure report on work conducted on the application for refund of bank charges and audit fees, available on:
Click to access AUP-report-Application-for-refund-of-bank-charges-and-audit-fees-form.pdf
Should you have any queries, please contact the LPFF directly on attorneys@fidfund.co.za, or Legal Practitioners@fidfund.co.za