Under the Financial Assurance Scheme all practices operating a trust account must appoint a qualified Trust Account Supervisor. The Trust Account Supervisor must be a lawyer and may be a partner or director in a law firm, or a sole practitioner. To become a Trust Account Supervisor, a lawyer must pass the NZLS Trust Account Supervisor assessments (Regulation 19, Lawyers and Conveyancers Act (Trust Account) Regulations 2008).
The training programme consists of self-study learning materials that are designed to help you prepare for assessment.It is recommended that you spend at least 40 to 50 hours completing the self-study learning material and preparing for the assessment day. The learning materials include background information, examples and practice exercises with answers. About a month before the assessment day you will be sent mock examinations and model answers.
You will also need to examine a trust account in operation and write a report outlining your observations, to be submitted by email before the assessment day.
If you have previously completed the TAS course, you may wish to refer to Regulation 19(3) Lawyers and Conveyancers (Trust Account) regulations 2008 to assess whether you may be eligible to complete only a ‘refresher’ course. For further information about refresher requirements, to confirm eligibility, and to register, please email [email protected] - online registration for refresher assessment is not available.
Candidates will be able to:
Course materials for paid registrations for 2024 will start being dispatched in early February - after February, materials will be dispatched as soon as a registration is paid for. Early registration is recommended to allow enough time to prepare for the assessment.
The course materials comprise a manual and a workbook folder of practical exercises to help you prepare for the assessment day.
The assessment comprises four elements:
|Auckland 1||21 March|
|Auckland 2||15 October|
In the event that you fail two or more questions in either or both of the examinations, you will be required to resit the exam/s. Resits will take place on the days and at the venues below, invigilated by an NZLS Inspector. Should you be unavailable on the resit day, your resit may be taken at a later assessment day or resit day in another city.
Note: resits must take place within two years from the date of your original assessment day.
|City||Resit date||Resit venue|
|Auckland 1||2 May 2024||NZLS Auckland Branch|
|Hamilton||27 August 2024||NZLS Waikato Bay of Plenty Branch|
|Wellington||30 October 2024||NZLS Wellington Branch|
|Auckland||26 November 2024||NZLS Auckland Branch|
|Christchurch||10 December 2024||NZLS Canterbury/Westland Branch|
|Trust Account Supervisor Training Programme (includes course materials and catering)||$695|
|Recount or re-mark of assessment||$250|
|Resit of either or both of the written assessments||$250|
|Resubmission of the observation report||$200|
|Transfer to a later course - fee payable
This calendar year only
16+ working days' notice - $310
5-15 working days' notice - $440
0-4 working days - $695
16+ working days' notice - $440 refund
5-15 working days' notice - $310 refund
0-4 working days - No refund
Minimum and maximum numbers apply. Registration is limited to lawyers. Registrations will be accepted on a first-come/first-served basis. Registrations close 20 working days before the presentation date (the closing date). NZLS CLE Ltd reserves the right to cancel any session that does not reach the budgeted minimum number of registrations. This decision will be made on the closing date and a full refund will be made to each registrant of the cancelled session.
|Course materials (for those who do not need to complete the assessment)
Registrants can claim 7.5 CPD hours on receipt of their returned observation report and participation on the assessment day.
Use this window to add all the registrants you wish to register on behalf of. If you want to attend the course also, ensure you add yourself as one of the registrants. Make sure you press ‘save’ after adding each new registrant.
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Trust Account Supervisor Training Programme - Auckland 1
21 March - The Parnell Hotel & Conference Centre
Trust Account Supervisor Training Programme - Hamilton
19 July - Novotel Tainui Hamilton
Trust Account Supervisor Training Programme - Wellington
19 September - Terrace Conference Centre
Trust Account Supervisor Training Programme - Auckland 2
15 October - The Parnell Hotel & Conference Centre
Trust Account Supervisor Training Programme - Christchurch
5 November - Commodore Airport Hotel Christchurch
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