Part 5E+WAlternative business structures

Regulation of licensed bodiesE+W

104Prevention of regulatory conflict: accounts rulesE+W

(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 [F1or 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).

[F2(3) 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. ]

Textual Amendments

Commencement Information

I1S. 104 in force at 1.10.2011 by S.I. 2011/2196, art. 2(1)(c)