Version 3 of the Handbook, published on 20 April 2012, introduced changes to "Application and interpretation".
These rules apply to:
RELs or partners of RELs; and
persons employed by RELs, their partners, solicitors or recognised bodies
in any part of the UK.
The SRA Handbook Glossary 2012 shall apply and, unless the context otherwise requires:
All italicised terms shall be defined; and
all terms shall
in these rules are to be interpreted,
in accordance with the Glossary.Chapter 14 of the SRA Code of Conduct, unless they are defined as follows:
means, in relation to:
a partnership with whom you have one partner in common;
a LLP or a company without shares with whom you have one member in common; or
a company with shares with whom you have one owner in common;
includes a prospective buyer;
means the aggregate of all payments which constitute pre-contract deposits from a buyer in relation to the proposed sale of a property;
includes an interest in property; and
means things done by any person in the course of a business (including a business in which they are employed) pursuant to instructions received from another person (in this section referred to as the "client") who wishes to dispose of or acquire an interest in land:
for the purpose of, or with a view to, effecting the introduction to the client of a third person who wishes to acquire or, as the case may be, dispose of such an interest; and
after such an introduction has been effected in the course of that business, for the purpose of securing the disposal or, as the case may be, the acquisition of that interest.