oa De Rebus - The attorneys, notaries & conveyancers fidelity guarantee fund
|Article Title||The attorneys, notaries & conveyancers fidelity guarantee fund|
|© Publisher:||Law Society of South Africa|
|Publication Date||Apr 1968|
|Pages||16 - 17|
|Keyword(s)||Association of Law Societies of the Union of South Africa, Attorneys' Admission Act (Act 23 of 1934), Misappropriations by attorneys, Public protection and Trust banking accounts.|
During the 1930's the profession felt that the time had arrived when something should be done to protect the public against losses sustained through misappropriations by attorneys. The Association of Law Societies of the Union of South Africa - as it was then known - proceeded to tackle the task. In 1934 the Attorneys' Admission Act (Act 23 of 1934) came into force and it, inter alia, provided for attorneys to keep proper books of account and separate Trust Banking Accounts.
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