Friday, May 09, 2008

Printable Version

In this issue:
• New Requirement for "Negotiated Cheques" under Rule 122(2)(i)
• Complaints Resolution Officer Sought
• Suspension for Non-Payment of the Annual Member Fee

New Requirement for "Negotiated Cheques" under Rule 122(2)(i)

Rule 122(2)(i) of the Rules of the Law Society require firms to maintain bank source documents, which include negotiated cheques.  This applies to both trust and general bank accounts.  In the past, the Law Society has taken the view that the rule requires the original negotiated cheque to be maintained.

Recently the Canadian Payments Association (CPA) announced plans to change the cheque clearing system from a paper system to digital images.  This means most banking institutions will no longer provide the original negotiated cheque to an account holder.

Given this change in the banking industry, the Law Society acknowledges that a printout of a digital image of the negotiated cheque will satisfy the requirements of Rule 122(2)(i), provided the following criteria are met:

1. the digital image is printed and the paper copy is maintained with the bank source documents,
2. both the front and back of the negotiated cheque is included in the printed copy of the digital image
3. the printed copy of the digital image is easily legible, with a maximum of 8 images per page (4 cheques, front and back).  Please check the image quality immediately and request replacement images as necessary.

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Complaints Resolution Officer Sought

If you are ready for a change and looking for a better balance in your work life where you can provide solutions to those looking for answers, then we have the position for you!

The Law Society of Alberta seeks a Complaints Resolution Officer for its Calgary office.

As our mission focuses on "Serving the Public Interest", the role of Complaints Resolution Officer emphasizes our increased interest in resolving complaints received from members of the public or the profession.

The successful candidate will be responsible for reviewing and providing resolutions to complaints, with direction provided by the Manager, Complaints. The successful candidate will be an active member of the Law Society of Alberta with a minimum of 7+ years experience in private practice with significant client exposure in a broad variety of areas.

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Suspension for Non-Payment of the Annual Member Fee

Effective March 31, 2008, the Law Society of Alberta suspended the following for non-payment of the 2008/2009 annual member fee:

John Selwyn Beaumont, Grant Allen Brown, Douglas Lloyd Dorward, Bonnie Ann Gerow, Bruce Edward Harvey, Keith Allen Honeyman, Robert Allen Kirk, Peter Michael Leier, Gwendolyn Grace Mansell, Lee Dawn Mayzes, Ivor David McGurk, Leon John Pigott, Mouanne Sengsavang, Salima Stanley-Bhanji.

>> Click Here

Printable Version

www.lawsociety.ab.ca
Law Society of Alberta
Calgary Office
Suite 500, 919 11th Avenue SW
Calgary, Alberta T2R 1P3
Phone: 403-229-4700

Edmonton Office
201 10060 Jasper Avenue,
Edmonton, Alberta T5J 3R8
Phone: 780-429-3343

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