Bar Council Budget 2015-16 Consultation

13 November 2014

The Bar Council is seeking the profession's comments on the organisation's proposed budget for 2015-16 by way of an online survey.

The Bar Council has prepared a budget plan that addresses the financial needs of the regulator, the Bar Standards Board (BSB), and the Bar Council representative functions for the next financial year placing this plan in the context of a three year financial plan. This budget proposal was scrutinised by the Bar Council Finance Committee in October 2014 and was presented to and approved by Bar Council on 1 November 2014. 

The Legal Services Act 2007 and Legal Services Board rules, require that we consult on the financial plans with the profession and that we explain in particular:

  • The level of Practicing Certificate Fee that we propose to collect;
  • The cost drivers of regulatory and non-regulatory permitted purpose budget proposals; 
  • How the PCF is allocated between regulatory and non-regulatory permitted purpose activities; and
  • The scale of charges for practitioners necessary to collect that fee. 

We invite members of the profession to review the  consultation document and the accompanying webinar presentation  and to provide feedback on the financial proposals shown via an online survey, which will close on 12 December 2014. Practitioners are also reminded of the Bar Council's  strategic plan 2014-2017. Feedback received from the survey will be taken into account when finalising the budget for submission to the Legal Services Board and when refining business activity for 2015-16.