The Legal Services Act 2007 (The Law Society) (Modification of Functions) (Amendment) Order 2012

Made: 29th November 2012

Coming into force in accordance with article 2

A draft of this Order has been approved by a resolution of each House of Parliament pursuant to section 206(4) and (5) of that Act.

Citation

1

This Order may be cited as the Legal Services Act 2007 (The Law Society) (Modification of Functions) (Amendment) Order 2012.

Commencement

2

This Order comes into force on the day after the day on which it is made.

Interpretation

3

In this Order “the 2011 Order” means the Legal Services Act 2007 (The Law Society and The Council for Licensed Conveyancers) (Modification of Functions) Order 2011[^f00002].

Amendment of article 5 of the 2011 Order

4

• (1) In the heading to article 5 of the 2011 Order omit “for a transitional period”.

• (2) In article 5 of the 2011 Order omit “in respect of a transitional period”.

Extended power to make compensation rules: removal of transitional limitation

5

• (1) The Schedule to the 2011 Order (which extends the power to make compensation rules in respect of acts or omissions of solicitors to include acts or omissions of licensed bodies) is amended as follows.

• (2) In the heading, omit “for a transitional period”.

• (3) In paragraph 1, omit the definition of “transitional period”.

• (4) In paragraph 2—

• (a) in sub-paragraphs (a), (b) and (c), omit “which occurs during the transitional period”;

• (b) for sub-paragraph (d) substitute—

(d) the exercise by the Society of any of its powers under Schedule 14 to the Legal Services Act 2007.

Signed

Signed by authority of the Lord Chancellor

Helen Grant — Parliamentary Under-Secretary of State — Ministry of Justice — 29th November 2012

Explanatory note

(This note is not part of the Order)

EXPLANATORY NOTE

This Order makes amendments to the Legal Services Act 2007 (The Law Society and the Council for Licensed Conveyancers) (Modification of Functions) Order 2011 (S.I. 2001/1716) (“the principal Order”) in respect of the functions of the Law Society.

Article 5 and the Schedule to the principal order modified provisions of the Solicitors Act [1974 (c.47)](https://www.legislation.gov.uk/ukpga/1974/47) so as to enable the Law Society to make rules to extend compensation arrangements which apply in relation to solicitors so that the arrangements could apply, for a transitional period, in relation to bodies which are licensed under Part 5 of the Legal Services Act [2007 (c.29)](https://www.legislation.gov.uk/ukpga/2007/29). Articles 4 and 5 of this Order remove the provisions of the principal order which limited the effect of this modification to the transitional period, so that the Law Society’s power to make compensation rules in relation to such licensed bodies will continue beyond the end of that period (which comes to an end on 31 December 2012).

Footnotes

[^f00001]: 2007 c.29.

[^f00002]: S.I. 2011/1716.