Part 5Alternative business structures
Regulation of licensed bodies
I199Disqualification
1
A licensing authority may in accordance with its licensing rules disqualify a person from one or more of the activities mentioned in subsection (2) if—
a
the disqualification condition is satisfied in relation to the person, and
b
the licensing authority is satisfied that it is undesirable for the person to engage in that activity or those activities.
2
The activities are—
a
acting as Head of Legal Practice of any licensed body,
b
acting as Head of Finance and Administration of any licensed body,
c
being a manager of any licensed body, or
d
being employed by any licensed body.
3
The disqualification condition is satisfied in relation to a person if, in relation to a licensed body licensed by the licensing authority, the person (intentionally or through neglect)—
a
breaches a relevant duty to which the person is subject, or
b
causes, or substantially contributes to, a significant breach of the terms of the licensed body's licence.
4
The relevant duties are—
a
the duties imposed on a Head of Legal Practice by section 91,
b
the duties imposed on a Head of Finance and Administration by section 92,
c
the duties imposed by section 176 on regulated persons (within the meaning of that section), and
d
the duty imposed on non-authorised persons by section 90.