20SIn 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 ”.