Form Of Trust Certificate (Where Trust Monies Have Been Held) printable pdf download

Form Of Trust Certificate (Where Trust Monies Have Been Held)

Ninth Schedule

FORM OF CERTIFICATE

(WHERE TRUST MONIES HAVE BEEN HELD)

The Financial Manager

KZN Law Society

P.O. Box 1454

Pietermaritzburg

3200 or

Docex 25

Pietermaritzburg

Dear Sir,

I/We, the duly designated and appointed trust account partner(s)/director(s) or sole practitioner of,

____________________________________________________(name

firm),

carrying

business

at:___________________________________________(address

firm),

(separate

certificate required for each branch office having a separate trust account), confirm that:

I/We have maintained the necessary accounting records as required in terms of ss 78(4) &

ss 78(6) of the Attorneys Act 53 of 1979 and the Rules and Rulings as they appear in the

KZN

Law

Society

Practice

Manual

for

the

accounting

period

from

____________________________ to __________________________.

I/We certify that:-

2.1

the accounting records are up to date and balanced as at the last day of the accounting

period (note (b)), and

2.2

the accounting records, to the best of my/our knowledge and belief, are in accordance with

the terms of the Attorneys Act 53 of 1979 and the KZN Law Society Rules and Rulings, and

2.3

all outstanding reconciling entries noted as at the end of the accounting period (refer note

(b)) in terms of Rule 20(5) and 21(7) have been entered in the records or confirmed as

correct.

2.4

the trust creditor’s account reconciliation as at end of accounting period is as follows.

(a)

Total as per Trust Creditors listing

R___________

(b)

Total of balance standing to the credit of the firm’s

Trust Banking account(s), Trust Investments account(s)

ss 78(2) and 78(2A) and amounts held by it as Trust cash.

R__________

(c)

Surplus/(Deficit) Trust monies

(b) – (a)

R__________

(d)

A detailed explanation is required under item (2.6) below, should (c) not equal NIL,

including the steps taken to rectify the discrepancy(s).

2.5

I/We have extracted the following information from the accounting records of

the firm and

report that during the accounting period: -

(a)

the amount which the firm has earned on monies deposited in trust banking accounts

in terms of Section 78(1) and monies invested in trust investment accounts in terms of

Section 78(2) of the Act is

R___________

Form Of Trust Certificate (Where Trust Monies Have Been Held)

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