SCHEDULES

SCHEDULE 3Exempt persons

Employers etc acting through exempt person

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1

This paragraph applies where—

a

a person (“P”) carries on an activity (“the relevant activity”) which is a reserved legal activity,

b

P carries on the relevant activity by virtue of an employee of P (“E”) carrying it on in E's capacity as such an employee, and

c

E is an exempt person in relation to the relevant activity.

2

P is an exempt person in relation to the relevant activity to the extent that P carries on that activity by virtue of E so carrying it on.

3

This paragraph does not apply where E—

a

carries on the relevant activity at the direction and under the supervision of an authorised person in relation to that activity, and

b

is exempt in relation to that activity by virtue of paragraph 1(7), 3(3) or 4(2).

4

If P is a body, in this paragraph references to an employee of P include references to a manager of P.