The Trust Assurance Program is funded through the collection of the trust administration fee (TAF).
Lawyers must remit a $15 TAF for each distinct client matter with trust funds, unless the trust funds are solely for the purpose of paying legal fees or held as a retainer for legal fees. Lawyers may treat TAF as a disbursement and pass the cost to the client or alternatively absorb the cost as a firm expense. The TAF becomes a firm liability in the reporting period that funds are received into trust and due in the corresponding quarter. The remittance of the TAF is not related to a firm’s billing cycle.
Under Rule 2-110, TAF payments must be remitted to the Law Society quarterly and within 30 days of the quarter end, as follows:
- April 30 for the period January 1 to March 31
- July 31 for the period April 1 to June 30
- October 31 for the period July 1 to September 30
- January 31 for the period October 1 to December 31
Under Rule 2-111, a late fee of 5% applies to all late remittances.
How to remit the fee
Each quarter, you must:
Step 1 Log in to create and complete a new invoice
Step 2 Print and sign the invoice
Step 3 Send the invoice along with a cheque for the trust administration fee remittances to:
Accounting Department
The Law Society of BC
845 Cambie Street
Vancouver BC V6B 4Z9
You may also pay the TAF through online banking. See the TAF Filing Instructions for additional information.
Forms and resources
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- Act, Rules & Code
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- Law Society Rules
- Highlights of Amendments to the Law Society Rules
- Definitions
- Part 1 – Organization
- Part 2 – Membership and Authority to Practise Law
- Part 3 – Protection of the Public
- Part 4 – Discipline
- Part 5 – Tribunal, Hearings and Appeals
- Part 6 – Custodianships
- Part 8 – Lawyers’ Fees
- Part 9 – Incorporation and Limited Liability Partnerships
- Part 10 – General
- Schedule 1 – Law Society Fees and Assessments
- Schedule 2 – Prorated Fees and Assessments for Practising Lawyers
- Schedule 3 – Prorated Fees for Non-Practising and Retired Members
- Schedule 4 – Tariff for Hearing and Review Costs
- Schedule 5 – Form of Summons
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- Code of Professional Conduct for British Columbia (the BC Code) – annotated
- About the Code of Professional Conduct for BC
- Highlights of Amendments to the BC Code
- Introduction to the BC Code
- Chapter 1 – Interpretation and Definitions – annotated
- Chapter 2 – Standards of the Legal Profession – annotated
- Chapter 3 – Relationship to Clients – annotated
- Chapter 4 – Marketing of Legal Services – annotated
- Chapter 5 – Relationship to the Administration of Justice – annotated
- Chapter 6 – Relationship to Students, Employees, and Others – annotated
- Chapter 7 – Relationship to the Society and Other Lawyers
- Appendix A – Affidavits, Solemn Declarations and Officer Certifications – annotated
- Appendix B – Family Law Mediation, Arbitration and Parenting Coordination
- Appendix C – Real Property Transactions – annotated
- Appendix E – Supervision of Paralegals
- Annotations to Chapter 1 – Interpretation and Definitions
- Annotations to Chapter 2 – Standards of the Legal Profession
- Annotations to Chapter 3 – Relationship to Clients
- Annotations to Chapter 4 – Marketing of Legal Services
- Annotations to Chapter 5 – Relationship to the Administration of Justice
- Annotations to Chapter 6 - Relationship to Students, Employees, and Others
- Annotations to Chapter 7 – Relationship to the Society and Other Lawyers
- Annotations to Appendix A – Affidavits, Solemn Declarations and Officer Certifications
- Annotations to Appendix C – Real Property Transactions
- Member's Manual
- Legal Profession Act
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- Discipline Advisories
- June 2, 2022
- August 31, 2021
- June 29, 2021
- February 10, 2021
- August 13, 2020
- June 1, 2020
- April 2, 2019
- April 10, 2018
- February 8, 2018
- July 13, 2017
- March 31, 2016
- October 2, 2015
- August 20, 2015
- September 25, 2014
- November 8, 2013
- May 1, 2013
- February 18, 2013
- January 11, 2013
- November 22, 2012
- August 10, 2012
- June 12, 2012
- February 1, 2012
- December 7, 2011
- October 19, 2011
- August 19, 2011
- July 18, 2011
- June 10, 2011
- Discipline and Suspension Resources for Lawyers
- Lawyers Indemnity Fund Website