Please save a copy of the required form to your local computer and complete it using Adobe Acrobat Reader. Forms can be submitted by:
Law Society of Saskatchewan
1100-2002 Victoria Ave.
Regina, SK S4P 0R7
Must be completed and filed within 30 days of commencing practice. Must complete and file to obtain approval to open a trust account. Please contact the Law Society of Saskatchewan for further information if starting up a new firm.
Completion provides the Law Foundation of Saskatchewan with power of attorney to assess the accuracy of interest received or that should be received by the Law Foundation in regard to pooled trust accounts maintained by members/firms. This form must be filed within 3 months of the member/firm fiscal year end and is required to be filed annually.
Must be completed by all members/firms operating a trust account at any time during the fiscal year. This form must be filed within 3 months of the member/firm fiscal year end or termination of practice.
The Law Society is in the process of updating these forms! Starting in 2021, all firms will be required to fill out the Annual Report forms. Information about the reporting process will be released to the Designated Representatives in the early months of 2021. Please notify your accounting department or bookkeeper that this will result in a minor delay for firms with a year end of December 31st.
The Accountant’s Report must be filed within 3 months of the member/firm fiscal year end or termination of practice.
Members/firms may be exempt from filing an Accountant’s Report (TA-5 or TA-5R) for a particular year if approval has been received from the Law Society of Saskatchewan. Exemption status is determined on an annual basis.
Members/firms not receiving a written exemption from filing an Accountant’s Report for a particular year are required to file either a TA-5 or TA-5R. The TA-5 is selected for completion for firms based on predetermined criteria (i.e. number of issues and complaints in previous years). The TA-5R is selected on a random basis for firms that would be otherwise exempt. The TA-5R is also required to be completed for each of the first two years that a firm is practicing and in the year in which a firm terminates.
Rule 1514(4) requires all trust amounts in excess of $25 million be withdrawn electronically following strict procedures and protocols as outlined in the Rule and in this form.
Rule 1702 provides for funds in excess of $50.00 held in trust for 2 or more years to be paid to the Law Society upon submissions and approval of Form TA-9 (Unclaimed Trust Funds – payment application). Amounts under $50.00 held in trust for 2 or more years may be received by the Law Society as part of the annual reporting process provided certain criteria are met.