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[F3(a)as to the opening and keeping by solicitors of accounts at banks or with building societies for money within subsection (1A);
(aa)as to the operation by solicitors of accounts kept by their clients or other persons at banks or with building societies or other financial institutions;
(b)as to the keeping by solicitors of accounts containing information as to money received, held or paid by them for or on account of their clients or other persons (including money received, held or paid under a trust); and]
F7. . .
[F8(1A)The money referred to in subsection (1) is money (including money held on trust) which is received, held or dealt with for clients or other persons.]
(2)F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)If any solicitor fails to comply with rules made under this section, any person may make a complaint in respect of that failure to the Tribunal.
(4)The [F10Society] shall be at liberty to disclose a report on or information about a solicitor’s accounts obtained in the exercise of powers conferred by rules made under subsection (1) F11. . . F12. . . for use in investigating the possible commission of an offence by the solicitor [F13or any of his employees] and F12. . . for use in connection with any prosecution of the solicitor [F13or any of his employees] consequent on the investigation.
(5)Rules under this section may specify circumstances in which solicitors or any class of solicitors are exempt from the rules [F14or a part of the rules.]
(6)F15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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