Transitional provision in respect of Chartered Certified Accountants7
1
During the transitional period, a person (“P”) is an exempt person in relation to the carrying on of probate activities, if—
a
P carries on probate activities by virtue of an employee of P (“E”) carrying them on in E’s capacity as such an employee, and
b
E is authorised by the Association of Chartered Certified Accountants to carry on probate activities.
2
If P is a body, in this article references to an employee of P include references to a manager of P.
3
For the purposes of paragraph (1)(b) the reference to a person who is authorised by the Association of Chartered Certified Accountants includes a person who for the purposes of section 18 of the 2007 Act is treated as so authorised by virtue of paragraph 2A(2) of Schedule 5 to that Act.
4
Reference in paragraph (1) to “the transitional period” is to the period which—
a
begins with 1st January 2010, and
b
ends with the day appointed by the Lord Chancellor under paragraph 3(1)(b) of Schedule 5 to the 2007 Act for the purposes of paragraph 11(3) of that Schedule.