The Legal Services Act 2007 (Approved Regulator) Order 2014

Made: 17th July 2014

Coming into force in accordance with article 1

In accordance with section 206(5) of the Act, a draft of this instrument was laid before Parliament and approved by resolution of each House of Parliament.

Citation and commencement

1

This Order may be cited as the Legal Services Act 2007 (Approved Regulator) Order 2014 and comes into force on the day after the day on which it is made.

Designation of approved regulator

2

The Institute of Chartered Accountants in England and Wales is designated as an approved regulator in relation to probate activities[^f00002].

Signed

Signed by authority of the Lord Chancellor

Shailesh Vara — Parliamentary Under Secretary of State — Ministry of Justice — 17th July 2014

Explanatory note

(This note is not part of the Order)

EXPLANATORY NOTE

This Order designates the Institute of Chartered Accountants in England and Wales (“the Institute”) as an approved regulator under Part 4 (regulation of approved regulators) of the Legal Services Act 2007 (c. 29) in relation to probate activities. Designation will allow the Institute to authorise and regulate persons in relation to probate activities.

An Impact Assessment has not been prepared for this instrument. A full impact assessment of the effect of the policy implemented by this instrument on the costs of business and the voluntary sector was produced with the Government’s consultation on the Legal Services Bill and is available at http://www.justice.gov.uk or from the Head of Legal Services Policy, Law and Access to Justice Group, Ministry of Justice, 102 Petty France, London SW1H 9AJ.

Footnotes

[^f00001]: 2007 c. 29.

[^f00002]: “Probate activities” are a reserved legal activity under section 12(1)(d) of the Legal Services Act 2007. Paragraph 6(1) of Schedule 2 to that Act makes provision about what constitutes such activity.