The Council may make rules with respect to the keeping and operating of accounts of client's money by attorneys-at-law and without prejudice to the generality of the foregoing such rules may—
(a) prescribe the type of client's accounts to be kept, the manner of operating them, the particulars to be recorded and the manner of recording them;
(b) empower the Council generally to take such action as may be necessary to enable it to ascertain whether the rules are being complied with.