LawSociety takes all your money from interest

There is an abuse of power where LawSociety takes all money earned from interest from your money that is kept in trust account under solicitor's name.

https://legislation.nsw.gov.au/view/html/inforce/current/act-2014-016

Legal Profession Uniform Law Application Act 2014 (NSW) Key provision

The fund is specifically created in:

   Part 7 – Public Purpose Fund

   Section 194 – Establishment of Public Purpose Fund

Section 194 states that the Public Purpose Fund is established and is to be administered by trustees appointed under the Act. Related provisions

The same Act also provides for:

   Section 195–196 – appointment and functions of the Public Purpose Fund Trustees

   Section 197–198 – what the fund can be used for (e.g., regulatory functions, consumer protection, fidelity fund support, legal assistance purposes)

   Section 46–47 – interest from solicitors’ general trust accounts being paid to the Law Society for credit to the fund.

Response to question about whether OLSC receives funding from the Public Purpose Fund

Answer - yes, because of: 1. Functions of the Legal Services Commissioner

The functions of the Commissioner come from the Legal Profession Uniform Law (NSW).

https://legislation.nsw.gov.au/view/html/inforce/current/act-2014-016#sec.47

Relevant provisions include:

   Section 400 – Functions of the Commissioner

This section provides that the Commissioner’s functions include:

   receiving complaints about lawyers

   investigating complaints

   resolving consumer disputes

   initiating disciplinary proceedings.

These functions cover what the law calls “consumer matters” and “disciplinary matters.”

2. Provisions allowing PPF funds to support regulatory functions

The funding side sits in the Legal Profession Uniform Law Application Act 2014 (NSW), which establishes the Public Purpose Fund.

https://legislation.nsw.gov.au/view/html/inforce/current/act-2014-016#sec.47

Key provisions include:

   Section 198 – Payments out of the Public Purpose Fund

This section allows the trustees to apply the Fund for purposes including:

   costs of regulating the legal profession, and

   other purposes authorised under the Act.

Because complaints handling, investigations and disciplinary proceedings are core regulatory functions, this provision allows PPF money to be used to support those activities within the legal profession regulatory system.

✅ So the legislative chain works like this: Legislative provision What it does Legal Profession Uniform Law s 400 Defines the functions of the Legal Services Commissioner (complaints, investigations, discipline, consumer disputes). Legal Profession Uniform Law Application Act 2014 (NSW) s 198