Defaulting practitioners

You are reading current version in effect from 5 July 2021
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You are reading current version in effect from 5 July 2021

Glossary terms

defaulting practitioner

has the meaning given in rule 5 of the SRA Compensation Fund Rules.

solicitor

means a person who has been admitted as a solicitor of the Senior Courts of England and Wales and whose name is on the roll, save that in the SRA Indemnity Insurance Rules and the MTC this includes a person who practises as a solicitor whether or not the person has in force a practising certificate, and also includes practice under home title of a former REL who has become a solicitor

 

REL

means a European lawyer registered in the register of European lawyers

authorised body

means:

  1. a body that has been authorised by the SRA to practise as a licensed body or a recognised body; or
  2. a sole practitioner's practice that has been authorised by the SRA as a recognised sole practice
non-commercial body

means a body that falls within section 23(2) of the LSA

RFL

means a foreign lawyer registered in the register of foreign lawyers

recognised body

means a body recognised by the SRA under section 9 of the AJA

licensed body

means a body licensed by the SRA under section 71(2) of the LSA in accordance with the SRA Authorisation of Firms Rules

SRA

means the Solicitors Regulation Authority

applicant

means for the purposes of the SRA Compensation Fund Rules a person applying for a grant out of the Compensation Fund.