Part 5Alternative business structures

Regulation of licensed bodies

I198Referral of employees etc to appropriate regulator

1

The relevant licensing authority may refer to an appropriate regulator any matter relating to the conduct of—

a

an employee or manager of a licensed body;

b

a person designated as a licensed body's Head of Legal Practice or Head of Finance and Administration.

2

The licensing authority may also refer any matter relating to the conduct of such a person to the Board.

3

Appropriate regulators are—

a

if the person is an authorised person in relation to a reserved legal activity, any relevant approved regulator in relation to that person, and

b

if the person carries on non-reserved activities, any person who exercises regulatory functions in relation to the carrying on of such activities by the person.