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Explanatory Memorandum to Solicitors (Amendment) (Northern Ireland) Order 2004

Commentary on Articles

7.Article 1 provides for the title, commencement and interpretation of the Order.

8.Article 2 increases the amount that the Law Society may borrow for the purposes of the Compensation Fund from £100,000 to £1million. It also allows the Department to vary this figure by way of a negative resolution order.

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