On 21/05/2013,
you requested for the version in force on 21/05/2013
incorporating all amendments published on or before 21/05/2013.
The closest version currently available is that of 04/05/2012.
7.
—(1) There may be drawn from a client account —
(a)
in the case of client’s money, any money paid into the client account under rule 4(e) or (f), or any conveyancing money or anticipatory conveyancing money deposited into the client account before 1st August 2011 which continues to be held in the client account under rule 17(1)(a) —
(i)
money properly required for a payment to or on behalf of the client;
(ii)
money properly required in full or partial reimbursement of money expended by the solicitor on behalf of the client;
(iii)
money drawn on the client’s authority;
(iv)
money properly required for or towards payment of the solicitor’s costs where a bill of costs or other written intimation of the amount of the costs incurred has been delivered to the client and the client has been notified that money held for him will be applied towards or in satisfaction of such costs; and
(v)
money to be transferred to another client account;
(b)
in the case of trust money —
(i)
money properly required for a payment in the execution of the particular trust; and
(ii)
money to be transferred to a separate bank account kept solely for the money of the particular trust;
(c)
such money, not being money to which sub-paragraph (a) or (b) applies, as may have been paid into the account under rule 4(b) or 5(3)(b); and
(d)
money which for any reason may have been paid into the account in contravention of rule 6.
(2) In the case of client’s money and trust money referred to in paragraph (1)(a) and (b), the money so drawn shall not exceed the total of the money held for the time being in the client account on account of the client or trust.