Part 5Alternative business structures

Regulation of licensed bodies

I1104Prevention of regulatory conflict: accounts rules

1

Where a licensed body carries on an activity through a solicitor, the rules made under paragraph 20 of Schedule 11 apply instead of those made under sections 32 to 34 of the Solicitors Act 1974 (c. 47).

2

Where a licensed body carries on an activity through a licensed conveyancer F2or licensed CLC practitioner, the rules made under paragraph 20 of Schedule 11 apply instead of those made under sections 22 and 23 of the Administration of Justice Act 1985 (c. 61).

F13

In this section “ licensed CLC practitioner ” means a person, other than a licensed conveyancer, who holds a licence under section 53 of the Courts and Legal Services Act 1990.