SCHEDULES
SCHEDULE 1
Part I Incorporation of Solicitors’ Practices
Solicitors (Scotland) Act 1980 c. 46
20
In section 42 (distribution of sums in client bank account)—
a
in subsection (1)—
i
after the word “(2)” there shall be inserted the words “
or (2A)
”
;
ii
after the word “solicitor”, where first occurring, there shall be inserted the words “
or an incorporated practice
”
;
iii
after the word “him”, where first and thirdly occurring, there shall be inserted the words “
or, as the case may be, by it
”
;
iv
after the word “clients”, where firstly occurring, there shall be inserted the words “
or, as the case may be, by it on behalf of its clients
”
;
v
after the word “solicitor”, where secondly occurring, there shall be inserted the words “
or, as the case may be, the incorporated practice
”
;
vi
after the word “behalf”, where secondly occurring, there shall be inserted the words “
or, as the case may be, by it on their behalf
”
;
vii
after the word “him”, where lastly occurring, there shall be inserted the words “
or, as the case may be, by it
”
;
b
after subsection (2) there shall be inserted the following subsection—
2A
The events to which subsection (1) applies are in relation to any incorporated practice—
a
the making of an administration or winding up order or the appointment of a provisionsl liquidator, liquidator, receiver or judicial factor; or
b
the passing of a resolution for voluntary winding-up (other than one passed solely for the purposes of reconstruction or amalgamation with another incorporated practice)
c
in subsection (3)—
i
after the word “solicitor”, where first occurring, there shall be inserted the words “
or an incorporated practice
”
;
ii
after the word “his”, where first occurring, there shall be inserted the words “
or, as the case may be, its
”
;
iii
after the word “client”, where secondly occurring, there shall be inserted the words “
or, as the case may be, by the incorporated practice on that behalf
”
;
iv
after the word “him” there shall be inserted the words “
or, as the case may be, by it
”
;
v
after the word “name” there shall be inserted the words “
or, as the case may be, by the incorporated practice in its own name
”
.