Decision record
Lee, Siu Kay Michael
Allegation / charges
1. Breach of trust account provisions by failing to deposit trust monies into a trust account (x4) 2. Breach of trust account provisions by: failed to retain duplicate receipts for trust money failed to maintain a record of trust cheques failed to maintain a record of daily trust payment transactions failed to prepare monthly trust reconciliation statements failed to maintain a trust journal failed to keep a separate trust ledger account for separate persons failed to prepare monthly trust trial balance — Professional Misconduct
Findings — machine-extracted (anthropic-batch:claude-opus-4-8); verify against the decision
The practitioner was found guilty of professional misconduct for multiple breaches of trust account provisions, including failing to deposit trust monies into a trust account (four instances) and failing to maintain required trust accounting records (duplicate receipts, trust cheque records, daily payment transaction records, monthly reconciliation statements, a trust journal, separate trust ledger accounts, and monthly trust trial balances). No express finding of dishonesty is recorded, and the excerpt does not state a sanction.
Duties found breached:
- Uphold public trust in the profession
- No conflict between current clients
- Handle inadvertently received material
- No improper use of client money
- Accounting records, reconciliation and reports
⚠ figures not found verbatim in the source were dropped: ["extracted_from_register_summary"]
Duties engaged
Documents
Source: https://portal.olsc.nsw.gov.au/dasearchbn/daresultdetail/?id=995ea7df-b633-eb11-bf74-000d3ad1941e