Rule 20 Legal Practitioners’ Accounts Rules 1964

Rule 20 of the Legal Practitioners’ Accounts Rules 1964 is under Part III (Trust accounts). It provides as follows:

(1) Every solicitor-trustee shall at all times keep properly written up such books and accounts as may be necessary:

(a) to show separately all his dealings with money held, received or paid by him on account of each trust of which he is solicitor-trustee, or

(b) to distinguish the same from money held, received or paid by him on any other account.

(2) Every solicitor-trustee shall preserve for at least six years from the date of the last entry therein all books and accounts kept by him under sub-rule (I) of this Rule.

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