3. Rule 8 of the principal Rules is amended by deleting paragraph (5) and substituting the following paragraphs:
“(5) No sum exceeding $5,000 shall be drawn from a client account except upon a cheque (or other instruction effecting the withdrawal) signed by 2 solicitors.
(6) Paragraph (5) shall not apply if —
the solicitor has engaged a book-keeper for the purposes of rule 11 (8); and
the sum to be drawn does not exceed $30,000.
(7) A solicitor shall not sign a cheque or other instruction effecting a withdrawal from a client account if —
the solicitor has been —
in practice as a solicitor in Singapore for less than 3 years in aggregate; or
employed as a legal officer for less than 3 years in aggregate;
the solicitor is not holding a current practising certificate; or
(8) For the avoidance of doubt, a solicitor shall comply with the requirements of these Rules in respect of the withdrawal of money from a client account notwithstanding that the leave of a Judge of the High Court has been obtained in respect of that withdrawal for the purposes of paragraph (4).”.