78(1)The Council shall designate a chartered bank or federally incorporated trust company in which an account for the Fund shall be established and all money paid to or received in respect of the Fund shall be deposited forthwith.

78(2)Every payment out of the Fund shall be made by a cheque drawn on the account referred to in subsection (1) and in accordance with the provisions of subsection (3).

78(3)The signing officers for the account referred to in subsection (1) shall be any two of the President of the Law Society, the Vice-President of the Law Society, the Secretary of the Law Society, the Treasurer of the Law Society and the Provincial Director.