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Prospective

Schedule 1SLaw Society of Scotland

Part 2SRegulation of legal businesses

Rules as to accounts etc.S

14(1)Section 35 of the 1980 Act (accounts rules) is amended as follows.

(2)In subsection (1)—

(a)in paragraph (a), for “solicitors and incorporated practices” substitute “authorised legal businesses”,

(b)in paragraph, (b) for “solicitors and incorporated practices” substitute “authorised legal businesses”,

(c)in paragraph (c), for “solicitors and incorporated practices” substitute “authorised legal businesses”,

(d)the “and” immediately following paragraph (d) is repealed, and after that paragraph insert—

(da)as to which solicitor is (or solicitors are) responsible for ensuring compliance with the rules made under this section on behalf of an authorised legal business, and,

(e)in paragraph (e)—

(i)after “solicitors” insert “or authorised legal businesses”,

(ii)for “a solicitor who” substitute “an authorised legal business which”.

Commencement Information

I1Sch. 1 para. 14 not in force at Royal Assent, see s. 103(3)