The Legal Services Act 2007 (Disclosure of Restricted Information) Order 2011
Citation and commencement
1.
This Order may be cited as the Legal Services Act 2007 (Disclosure of Restricted Information) Order 2011 and comes into force on 28th February 2011.
Persons to whom information may be disclosed
2.
Each of the persons listed in Schedule 1 is prescribed under section 152(3)(g) of the Legal Services Act 2007 for the purpose of enabling or assisting it to exercise any of its regulatory functions.
3.
Each of the persons listed in Schedule 2 is prescribed under section 168(3)(g) of the Legal Services Act 2007 for the purpose of enabling or assisting it to exercise any of its regulatory functions.
Signed by authority of the Lord Chancellor
SCHEDULE 1
The Office of Fair Trading
The Financial Services Authority
The Financial Reporting Council Limited (registered number 02486368) and its operating bodies the Professional Oversight Board, the Financial Reporting Review Panel, the Accounting Standards Board, the Auditing Practices Board, the Board for Actuarial Standards and the Accountancy and Actuarial Discipline Board Limited (registered number 05081857)
The Claims Management Regulator
The Law Society of Scotland
The Scottish Legal Complaints Commission
The Law Society of Northern Ireland
The Insolvency Service
The Bar Council of Northern Ireland
SCHEDULE 2
The Insolvency Service
The Financial Reporting Council Limited (registered number 02486368) and its operating bodies the Professional Oversight Board, the Financial Reporting Review Panel, the Accounting Standards Board, the Auditing Practices Board, the Board for Actuarial Standards and the Accountancy and Actuarial Discipline Board Limited (registered number 05081857)
Sections 152 and 168 of the Legal Services Act 2007 (c. 29) set out the circumstances in which the Office for Legal Complaints and the Legal Services Board respectively may disclose restricted information (information obtained in the exercise of their regulatory functions, principally during the investigation of a complaint). This Order specifies additional persons to whom the Office for Legal Complaints and the Legal Services Board may disclose restricted information and prescribes the purposes for which it may be disclosed.
A Regulatory Impact Assessment was prepared for the Legal Services Bill in November 2006 and supplemented in June 2007. In addition an Impact Assessment has been prepared specifically for this Order. That Impact Assessment is annexed to the Explanatory Memorandum which is available alongside this instrument on www.legislation.gov.uk.