Legal Contribution Trust Act Amendment Act 1972 (WA)

WESTERN AUSTRALIA.

LEGAL CONTRIBUTION

TRUST.

No. 10 of 1972.

AN ACT to amend the Legal Contribution Trust Act,

1967-1969.

[Assented to 25th May, 1972.]

RE it enacted by the Queen's Most Excellent

Majesty, by and with the advice and consent

of the Legislative Council and the Legislative

Assembly of Western Australia, in this present

Parliament assembled, and by the authority of the

same, as follows:—

1. (1) This Act may be cited as the Legal Short title and citation

Contribution Trust Act Amendment Act, 1972.

(2) In this Act the Legal Contribution Trust

Act No. 74

of 1967.

Act, 1967-1969, is referred to as the principal Act.

Amended by

Act No. 60

of 1969.

(3) The principal Act as amended by this Act may be cited as the Legal Contribution Trust Act, 1967-1972.

No. 10.] Legal Contribution Trust. [1972.

Section 4

Section 4 of the principal Act is amended by substituting for the word "fifty" in line three of the interpretation "prescribed percentage", the word "sixty-five".

amended. 2.

Section 25 3.

Subsection (2) of section 25 of the principal Act is amended by adding after the word "twenty- six" in line four, the words "or twenty-six A".

amended.

Section 26A

added. 4. The principal Act is amended by adding after

section 26 a section as follows-

Interim

payment of 26A. (1) Where it appears to the Trust,

claims.

taking into consideration all relevant claims that have been made against the Guarantee Fund, that an apportionment pursuant to subsection (2) or (3) of section twenty-six will or may be necessary, the Trust may if it thinks fit, at any time before such an apportionment is made or is found to be unnecessary, as the case may be, make an interim payment or interim payments to any claimant whose claim has been allowed or directed to be dealt with under this Part.

(2) An interim payment made pursuant to subsection (1) of this section discharges the claim in respect of which it is made to the extent of the amount so paid but does not have the effect of discharging the balance of that claim or of barring any other claim. .

Section 56 5.

Subsection (2) of section 56 of the principal Act is amended by substituting for the word "fifty" in line two of paragraph (a), the word "sixty-five".

amended.