Solicitors Account Rules 1990 Rule 7
Exemption from delivery of an accountant s report.
Solicitors account rules 1990 rule 7. You ensure that client money is paid promptly into a client account unless. Accountant s report rules 1990 arr 3. Subject to rule 9 every solicitor trustee who holds or receives money subject to a trust of which he is a solicitor trustee other than money which is paid into a client account as permitted by the legal profession solicitors accounts rules shall without delay pay such money into the trust bank account of the particular trust. 16 yap ban tick ors v standard chartered bank 1995 3 mlj 401.
10 rule 3 of the solicitors account rules 1990. Solicitors accounts deposit interest rules 1990 sadir herein collectively referred to as the rules unless stipulated otherwise. 15 rules 15 16 17 and 31 of the p e rules. Solicitors practice rules 1990 last amended 12 january 2007 rules dated 18th july 1990 made by the council of the law society with the concurrence of the master of the rolls under section 31 of the solicitors act 1974 and section 9 of the administration of justice act 1985.
Solicitors account rules 1990 sar 2. Duties of accountant before signing a report. 13 rule 24 of the p e rules. Form of accountant s report.
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7 unless authorised in writing by the council no money may be withdrawn from a bank account or a deposit account with an approved finance company being or forming part of a client account otherwise than under the signature of a solicitor who is not a person prohibited under rule 8 7 from signing a cheque or other instruction effecting a withdrawal from a client account. Rules 2 3 2 4 4 1 7 8 1 b and c and 12 do not apply to client money held outside of a client account in accordance with this rule. 11 rule 7 a i of the solicitors account rules 1990. Service of notice to solicitor.
12 gnanasegaran a l parajasingam v public prosecutor 1997 3 mlj 1.