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In terms of section 86(3) of the LPA, a legal practitioner may transfer trust money which is not immediately needed to a trust savings or

In terms of section 86(3) of the LPA, a legal practitioner may transfer trust money which is not immediately needed to a trust savings or other interest-bearing investment account at a South African banking institution. It may, however, not be invested on the security exchange or in unit trusts. Select one: True False

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