Financial Transactions and Records

“cash” means current coin within the meaning of the Currency Act (Canada), notes intended for circulation in Canada issued by the Bank of Canada pursuant to the Bank of Canada Act and current coin or banks notes of countries other than Canada;
“charge” has the same meaning given it in the Land Registration Reform Act;
“client” means a person or group of persons from whom or on whose behalf a licensee receives money or other property;
“firm of licensees” means,
(a) a partnership of licensees and all licensees employed by the partnership,
(b) a professional corporation established for the purpose of practising law in Ontario and all licensees employed by the professional corporation,
(c) a professional corporation established for the purpose of providing legal services in Ontario and all licensees employed by the professional corporation, or
(d) a professional corporation established for the purpose of practising law and providing legal services in Ontario and all licensees employed by the professional corporation;


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