Minimum level of funds

You are reading current version in effect from 25 November 2019
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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 Law Society on statutory trust

statutory trust account

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