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Schedule 1Law Society of Scotland

Part 2Regulation of legal businesses

Professional indemnity

25(1)Section 44 of the 1980 Act (professional indemnity) is amended as follows.

(2)In subsection (1), for “incorporated practices” in both places it occurs substitute “authorised legal businesses”.

(3)In subsection (3)—

(a)in paragraph (b), for “incorporated practices or any class of incorporated practices” substitute “authorised legal businesses or any type of authorised legal business”,

(b)in paragraph (c), for “incorporated practices or any class of incorporated practices” substitute “authorised legal businesses or any type of authorised legal business”,

(c)in paragraph (f), for “incorporated practice” substitute “authorised legal business”,

(d)in paragraph (g), for “incorporated practices” substitute “authorised legal businesses”.

(4)In subsection (5), in the definition of “professional liability”, for “incorporated practices” substitute “authorised legal businesses”.