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The Legal Services Act 2007 (the Chartered Institute of Patent Attorneys and the Institute of Trade Mark Attorneys) (Modification of Functions) Order 2014
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10.—(1) The powers to make indemnification arrangements or compensation arrangements which are conferred on CIPA by virtue of paragraph 9(1) and (2) may be exercised so that the arrangements apply also in relation to—
(a)a licensed body or a body which has been but no longer is a licensed body in connection with the body’s activities as a licensed body; and
(b)managers and employees of licensed bodies in connection with the activities of those licensed bodies.
(2) Regulations made by CIPA under paragraph 9(2) may also include provision for the purpose of giving effect to sub-paragraph (1) which requires licensed bodies, or licensed bodies of any specific description to—
(a)pay specified amounts to a fund which is maintained by virtue of paragraph 9(1)(a); and
(b)make payments towards the premium payable on any insurance policy which is maintained by virtue of paragraph 9(1)(b).
(3) Anything permitted by virtue of this paragraph in relation to a fund or an insurance policy may be done irrespective of the persons or bodies who contributed the money.
(4) In this paragraph and paragraph 11 “licensed body” means a body which holds a licence in force under Part 5 of the 2007 Act which is granted by CIPA.
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