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Solicitors' Accounts Rules 4 and 5

  1. British and European Sole Practitioners
    Yes

    Rule 4(1)(a)(i)
  2. British and European partners of a solicitor's firm
    Yes. Rule 4(1)(a)(ii)
  3. Other employees of a law firm in Britain
    • Yes.
    • Rule 4(1)(a)(iii)
  4. In house lawyers
    Yes

    Rule 4(1)(a)(iv
  5. DIRECTORS OF COs THAT ARE RECOGNISED BODIES/AUTHORISED
    NON-SRA FIRM
    Yes

    Rule 4(1)(a)(v)
  6. MEMBERS OF LLPS THAT
    ARE RECOGNISED BODIES/AUTHORISED NON-SRA FIRM
    • Yes.
    • Rule 4(1)(a)(vi)
  7. Foreign lawyers
    Yes. Rule 4(1)(b) if practising in any of the ways listed in 2(x)(iii)
  8. Recognised bodies
    • Yes.
    • Rule 4(1)(c)
  9. Directors and managers of recognised bodies
    • Yes.
    • Rule 4(1)(d)
  10. People who have held/hold client money
    Yes to SOME.

    • - 7
    • - 19(2)
    • - Part F
    • - 38(2)
    • - 46
  11. Solicitor retiring from private practice who has a professional trusteeship
    Sometimes - see Rule 4, note(iii)
  12. Solicitors who are trustees in a purely non-professional capacity
    No. Rule 4 Note (iii)
  13. Solicitors employed by the Local Authority (defined in Rule 5 note (iii)
    • No.
    • Rule 5(a)(i)
  14. Solicitors employed as statutory undertakers (defined in Rule 5 note 1): works on railway, light railway, tramway, road, water, canal, inland navigaton, dock harbour, pier, lighthouse, public gas supplier, sewage, Environment agency, public telecommunications, post office, civil aviation authority, airport operater.
    No. Rule 5(a)(ii)
  15. Solicitors employed by a body whose accounts audited by Comptroller and Auditor General
    • No.
    • Rule 5(a)(iii)
  16. Solicitors employed by the Duchy of Lancaster
    No. Rule 5(a)(iv)
  17. Solicitors employed by the Duchy of Cornwall
    No. Rule 5(a)(v)
  18. Solicitors employed by the city of London
    No. Rule 5(b)
  19. Coroners/Judicial officers
    No. Rule 5(c)(i)
  20. Sheriffs/under-sheriffs
    No. Rule 5(c)(ii)
  21. SOLICITORS MANAGING/EMPLOYED BY AUTHORISED
    NON-SRA FIRM AND ACTING WITHIN THE FIRM’S AUTHORITY TO PRACTISE
    No. Rule 5(d). See also note (iii)
Author
Claire
ID
2815
Card Set
Solicitors' Accounts Rules 4 and 5
Description
Say whether someone is or is not included under the solictors' accounts rules and give the authority
Updated

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