Section 66Part 8 — LAW FIRMS
Annual compliance certificate
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66. (1) A law firm shall, on or before 31st January in each year, deliver to the Council a certificate indicating whether or not the law firm has, during the previous year —
complied with each obligation imposed on the law firm and any affiliate by this Act; and
where the law firm is a recognised law entity, complied with the criteria to maintain its status as a recognised law entity.
If the law firm and any affiliate has not, during the previous year, complied with any of the obligations referred to under subsection (1), the law firm shall concurrently with the delivery of the annual compliance certificate specify to the Council which obligation has not been met and the action (if any) the law firm and any affiliate has subsequently taken to ensure future compliance with the obligation. Legal Services Act, 2020 Section 67 c Act 57 of 2020 Page 33
The managers of a law firm shall ensure that the law firm and any affiliate complies with subsection (1) and that the annual compliance certificate the law firm delivers is complete and correct in all material respects.
The annual compliance certificate shall be signed by a manager of the law firm.
If a law firm fails to comply with a requirement of this section each manager of the law firm commits an offence and is liable on summary conviction to a fine of twenty thousand dollars.