Legal practitioners on a regular basis receive large sums of monies from their clients in anticipation of a matter to be commenced. It can be a deposit for a litigation matter or an amount to purchase a property. Therefore Section 86(4) of the Legal Practice Act 28 of 2014 allows legal practitioners to invest these monies received in trust, in an interest-bearing account when they receive an explicit mandate from the client to do so. These investments should be made through banks with which the Fidelity Fund has entered into an arrangement. These investments are part of the monies in the trust account and therefore are recorded as such in the trust accounting records of the legal practice and enjoy protection by the Fidelity Fund. With effect from 1 November 2018 legal practices and legal practitioners are regulated in terms of the Legal Practice Act 28 of 2014 and its Rules. The interest accrued on money deposited in terms of this section must be paid over to the person who deposited the money and gave the instruction to invest such monies provided that 5% of the interest accrued on the money in terms of this investment must be paid over to the Fidelity Fund. These requirements that must be met by a firm before they may invest trust monies in terms of Section 86(4):  The funds must be invested in an interest-bearing account with a bank;  The firm must obtain the client's written confirmation to investment as soon as is reasonably possible and cause the relevant interest-bearing account to be endorsed to the effect that it is an account opened in terms of Section 86(4) of the Act.  A firm cannot agree or arrange to receive any commission, fee or other rewards, from a bank, on such an investment without having disclosed, in writing, such commission, fee or reward to the person who has given the firm the mandate to invest.