LCRO 185/2017 DO v DP (18 March 2019) [pdf, 237 KB]
...purpose; and (b) the practice obtains the client’s instruction or authority for the transfer or payment, and retains that instruction or authority (if in writing) or a written record of it; and (c) payments to a third party are made in a form that permits the crediting of the money only to the account of the intended payee; and (d) transfers to another client are by way of trust journal entry [85] Section 110 has been considered by the Courts. In Heslop v Cousins,23 the High Co...