Regulation of Legal Services (Scotland) Act 2025

Rules as to accounts etc.

15 (1) Section 36 of the 1980 Act (interest on client’s money) is amended as follows.

(2) In subsection (1)—

(a) in the opening words, for “a solicitor or an incorporated practice” substitute “an authorised legal business”,

(b) in paragraph (aa), in the closing words, for “solicitor in his or, as the case may be the incorporated practice” substitute “authorised legal business”,

(c) in paragraph (b), for “solicitor’s or, as the case may be, the incorporated practice’s” substitute “authorised legal business’s”.

(3) In subsection (2), for “a solicitor or incorporated practice” substitute “an authorised legal business”.

(4) In subsection (3)—

(a) for “a solicitor or incorporated practice” substitute “an authorised legal business”,

(b) for “solicitor or, as the case may be, incorporated practice” substitute “authorised legal business”,

(c) the words “his or, as the case may be,” are repealed.

(5) In subsection (4), for “a solicitor and his client or an incorporated practice” substitute “an authorised legal business (or any solicitor acting on its behalf)”.