SRA Handbook

Application

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Rule 2: Application

2.1

These rules apply only to firms which are not regulated by the FSA.

2.2

Where a firm is a licensed body, these rules apply only in respect of:

(a)

any reserved legal activity;

(b)

any other legal activity;

(c)

any other activity in respect of which the licensed body is regulated pursuant to Part 5 of the LSA.

Note

(i)

Any firm which undertakes regulated activities and cannot comply with the Part XX exemption must be authorised by the FSA and comply with the FSA's requirements.