Part 2Regulation of licensed legal services
Chapter 2Licensed legal services providers
Licensed providers
47Licensed providers
(1)
For the purposes of this Part, a licensed legal services provider is a business entity which, through the designated and other persons within it—
(a)
provides (or offers to provide) legal services—
(i)
to the general public or otherwise, and
(ii)
for a fee, gain or reward, and
(b)
does so under a licence issued by an approved regulator in accordance with the approved regulator's licensing rules.
(2)
An entity is eligible to be a licensed provider only if it has within it, for the provision of legal services, at least one solicitor who holds a valid practising certificate that is free of conditions (such as may be imposed under section 15(1)(b) or 53(5) of the 1980 Act).
(3)
A licensed provider may not be regulated by more than one approved regulator at the same time.
(4)
In this Part, a reference to a licensed provider is to a licensed legal services provider.