Malaysia legislation
Section 4
of KAEDAH-KAEDAH PROFESION GUAMAN SYARIE (WILAYAH-WILAYAH PERSEKUTUAN) (AKAUN PEGUAM SYARIE) 2023
Seksyen 4
(1)
The following moneys shall be paid into the client account:
(a)
client's money;
(b)
trust money;
P.U. (A) 66 21
(c)
such money belonging to a Peguam Syarie as may be necessary for the purpose of opening or maintaining the account;
(d)
money to replace any sums which may by mistake or accident have been drawn from the client account in contravention of subrule 8(3); and
(e)
such money received by a Peguam Syarie where any part thereof consists of client’s money and which the Peguam Syarie does not split under rule 5.
(2)
Where a Peguam Syarie receives any money which includes trust money of one or more trusts but does not include client’s money and which the Peguam Syarie does not split under rule 5, the Peguam Syarie may pay the money into a client account.
(3)
No money other than money which a Peguam Syarie is required or permitted to pay into a client account under subrule (1) or (2) shall be paid into a client account.
(4)
It shall be the duty of a Peguam Syarie into whose client account any money has been paid in contravention of this rule to withdraw the same without delay on discovery.
Peguam Syarie may split money received