During a meeting convened earlier this week by the Standing Committee of Attorneys-General, it was agreed that all State and Territory laws regulating the legal profession will be strengthened as part of a strategy to clamp down on lawyers who declare themselves bankrupt in an attempt to avoid their tax obligations.
In a statement released by the Australian government, Attorney-General Daryl Williams explained that barristers who use bankruptcy to flout their tax obligations have the potential to undermine the integrity of, and damage public confidence in, the legal system. As officers of the court, they have a higher duty to avoid conduct that could damage the standing of the institutions that they serve.
The meeting concluded that each jurisdiction will consider amending its law so that:
The government hopes the adoption of these measures will ensure that legal practitioners who become insolvent will be compelled to advise their professional association or face tough consequences, and that they will be assessed on whether they are a 'fit and proper person' to continue to practise.
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