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(1)Subsection (2) applies where a licensed legal services provider—
(a)is in serious financial difficulty, or
(b)for any reason (except revocation or suspension of its licence under this Part)—
(i)intends to stop providing legal services, or
(ii)is likely to become unable to continue providing legal services.
(2)The licensed provider must—
(a)notify (without delay) its approved regulator accordingly,
(b)provide the approved regulator with such relevant information as the approved regulator may require,
(c)take all reasonable steps to mitigate such disruption to its clients as is likely to result from the difficulty or (as the case may be) its ceasing to provide legal services.
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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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