Minimum level of funds

You are reading current version in effect from 25 November 2019
Glossary terms (3)

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Accounts & finance
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You are reading current version in effect from 25 November 2019

Glossary terms

SRA

means the Solicitors Regulation Authority

beneficiary

means a person with a beneficial entitlement to funds held by the SRA on statutory trust

statutory trust account

means an account in which statutory trust monies are held by the SRA following an intervention