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- Original (As enacted)
This is the original version (as it was originally enacted).
(1)A non-solicitor investor in a licensed provider must not (in that capacity) act in a way that is incompatible with—
(a)the regulatory objectives or the professional principles,
(b)the licensed provider’s duties under section 50(1), or
(c)its—
(i)other duties under this Part,
(ii)duties under any other enactment.
(2)A non-solicitor investor in a licensed provider must not (in that capacity)—
(a)interfere improperly in the provision of legal or other professional services by the licensed provider,
(b)in relation to any designated or other person within the licensed provider—
(i)exert undue influence,
(ii)solicit unlawful or unethical conduct, or
(iii)otherwise behave improperly.
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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