Queensland Legislation
Queensland
QUEENSLAND LAW SOCIETY LEGISLATION AMENDMENT BILL 1996
QUEENSLAND LAW SOCIETY LEGISLATION AMENDMENT BILL 1996
TABLE OF PROVISIONS
Section Page PART 1—PRELIMINARY 1 Short title 2.2... eee eee 4 2 Commencement ......... 0.0.0 eee eee 4 PART 2—AMENDMENT OF QUEENSLAND LAW SOCIETY ACT 1952 3 Act amended in pt2 2.1.2.2... cece cece eee eens 4 4 Insertion of new ss 24A and 24B ..... 0... cee eee 4 24A Fund offers no protection for certain mortgages ................ 4 24B Practitioners to notify clients about non-liability of fund for certain mortgages .... 6.6.66... cece eee eee eee ee 5 PART 3—AMENDMENT OF LAND TITLE ACT 1994 5 Act amended in pt3 2... .. cece cece eect eee ene 6 6 Amendment of s 189 (Matters for which there is no entitlement
to compensation) 0.6.6... eee 6
A BILL FOR
An Act to amend the Queensland Law Society Act 1952, and for related purposes
sl 4 s4 Queensland Law Society Legislation Amendment
The Parliament of Queensland enacts—
PART 1—PRELIMINARY
Short title
Clause 1. This Act may be cited as the Queensland Law Society Legislation Amendment Act 1996.
Commencement
Clause 2. This Act is taken to have commenced on 16 May 1996.
PART 2—AMENDMENT OF QUEENSLAND LAW SOCIETY ACT 1952
Act amended in pt 2 Clause 3. This part amends the Queensland Law Society Act 1952.
Insertion of new ss 24A and 24B Clause 4. After section 24— insert— 'Fund offers no protection for certain mortgages
'24A.(1) A claim may not be made against the fund for reimbursing pecuniary loss suffered because of a practising practitioner's unlawful conduct in relation to an excluded mortgage.
'(2) Subsection (1) applies to all excluded mortgages for which instructions were given on or after 16 May 1996.
'(3) In this section— 11 1315 1720
s4 5 s4 Queensland Law Society Legislation Amendment
"direct mortgage" means a mortgage for which—
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