Part 5E+WAlternative business structures

Supplementary provisionE+W

110Reporting requirements relating to Part 5E+W

(1)The Board's annual report must deal with how, in the Board's opinion, the activities of licensing authorities and licensed bodies have affected the regulatory objectives.

(2)This section does not apply to an annual report for a financial year before the first financial year in which a licence is issued under this Part.

(3)In this section “annual report” and “financial year” have the same meaning as in section 6.

Commencement Information

I1S. 110 in force at 1.10.2011 by S.I. 2011/2196, art. 2(1)(c)

111Interpretation of Part 5E+W

(1)In this Part—

(2)The following persons are within this subsection—

(a)an authorised person in relation to an activity which constitutes a reserved legal activity,

(b)a registered foreign lawyer (within the meaning of section 89 of the Courts and Legal Services Act 1990 (c. 41)),

[F1(c)an advocate or solicitor in Scotland,

(ca)a member of the Bar of Northern Ireland or a solicitor of the Court of Judicature of Northern Ireland,]

(d)a body which provides professional services such as are provided by persons within paragraph (a) or lawyers of other jurisdictions, and all the managers of which and all the persons with an interest in which—

(i)are within [F2paragraphs (a) to (ca)], or

(ii)are bodies in which persons within [F2paragraphs (a) to (ca)] are entitled to exercise, or control the exercise of, more than 90% of the voting rights.

F3(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .