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The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

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The European Communities (Lawyer’s Practice) (Scotland) Regulations 2000 (S.I. 2000/121)

Application of Part 20 of the Financial Services and Markets Act 2000 to European lawyers

263.—(1) Schedule 2 to the European Communities (Lawyer’s Practice) (Scotland) Regulations (application, extension and modification of enactments to registered European lawyers) is amended as follows.

(2) For paragraph 3 of Part II substitute—

3.  For the purposes of Part 20 of the Financial Services and Markets Act 2000 (provision of financial services by members of the professions), a registered European lawyer and any partner shall be treated as—

(a)a member of the profession in relation to which the Law Society of Scotland(1) is established; and

(b)as subject to the rules of the Law Society of Scotland..

(3) Paragraph 5 of Part II is revoked.

(1)

The Law Society of Scotland is a designated professional body for the purposes of Part 20: S.I. 2001/1226.

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