In relation to s58(3)(a) and (b) Legal Profession Regulation 2007. Every time a law practice wishes to withdraw money from the trust account for legal costs, the law practice must before effecting the withdrawal send to the person, either send a request for payment [s58(3)(b)(i)], referring to the proposed withdrawal, OR provide a written notice of withdrawal [s58(3)(b)(ii)].
This applies to s58(3)(a)(i),(ii) and (iii) as there is an "and" after (iii). The law practice should also refer to subsections s58(5) and s58(6) of the Regulation.
If none of the conditions in s58(3)(a) apply, then s58(4) is appropriate and relies on the forwarding of a Bill of Costs.
Practices may choose either procedure covered by s58(3) or s58(4) of the Regulation. If using s58(4), then a Notice of Withdrawal is not required, but there is a minimum seven day waiting period before costs may be appropriated from trust funds held.