Part 2Regulation of licensed legal services

Chapter 1Approved regulators

Relationship with other bodies

I135Financial inspection by Society

1

If the relevant consent is given under subsection (4)(b) of section 34, the Law Society may take the step mentioned in subsection (5) of that section.

2

The licensed provider must co-operate with the Society in connection with the taking of the step.

3

But the Society does not have authority to take the step (or enter the premises) unless the Society has—

a

consulted the approved regulator about the taking of it, and

b

given the licensed provider at least 48 hours notice of the taking of it.

4

Following the taking of the step, the Society—

a

must report its findings to—

i

the approved regulator, and

ii

the Scottish Ministers,

b

in the report to the Scottish Ministers, may request that they take such action (or further action) under this Part as they consider appropriate.

5

In this section, the references to taking the step mentioned in section 34(5) are to its being taken by the Society's representatives as appointed for the purpose of this section.