33.—(1) The Society shall as soon as practicable make regulations—
(a)as to the opening and keeping by solicitors of accounts at banks[F1 or with building societies]
(i)for clients' money;
[F1(ii)for money comprised in controlled trusts;]
(b)as to the keeping by solicitors of accounts containing particulars and information as to money received, held or paid by them—
(i)for or on account of their clients;
(ii)for or on account of any such trust as is mentioned in sub-paragraph ( a);
(c)as to the investment in trustee[F2 investments] of the money of any such trust as is mentioned in sub-paragraph ( a);
(d)empowering the Society to take such action and collect such evidence as may be necessary to enable them to ascertain whether or not the regulations are being complied with.
(2) If a solicitor contravenes any regulation made under this Article any person may make a complaint in respect of that contravention to the[F1 Tribunal].
(3) Regulations made under paragraph (1)( a) to ( c) shall not apply to—
(a)a solicitor acting in the course of his employment as a public officer; or
(b)a solicitor who holds an office under any local authority or statutory undertakers and who does not engage in private practice as a solicitor;
and such regulations shall not apply to a solicitor who holds an office to which sub-paragraph ( b) applies and who is engaged in private practice as a solicitor, except so far as regards money received, held or paid by him in the course of that private practice.