On 26/05/2013,
you requested for the version in force on 26/05/2013
incorporating all amendments published on or before 26/05/2013.
The closest version currently available is that of 08/07/2011.
2. Rule 2(1) of the Legal Profession (Solicitors’ Accounts) Rules (R 8) (referred to in these Rules as the principal Rules) is amended —
(a)
by inserting, immediately after the definitions of “ “accounting corporation”, “accounting firm” and “accounting LLP” ”, the following definition:
“ “anticipatory conveyancing money” has the same meaning as in rule 4(4) of the Conveyancing Rules;”;
(b)
by deleting the definitions of “ “bank pass book” and “bank statement” ” and substituting the following definitions:
“ “bank pass book” means a pass book issued by a bank in respect of any client account, conveyancing account or conveyancing (CPF) account maintained at such bank, and includes a pass book issued by an approved finance company in respect of a client account maintained at such finance company;
“bank statement” means a statement issued by a bank in respect of any client account, conveyancing account or conveyancing (CPF) account maintained at such bank, and includes a statement issued by an approved finance company in respect of a client account maintained at such finance company;
“Central Provident Fund Board” means the Central Provident Fund Board constituted under the Central Provident Fund Act (Cap. 36);”;
(c)
by deleting the definition of “client’s money” and substituting the following definition:
“ “client’s money” means money held or received by a solicitor on account of a person for whom he is acting (in relation to the holding or receipt of such money) either as a solicitor, or in connection with his practice as a solicitor, an agent, a bailee or a stakeholder or in any other capacity, other than —
(a)
money held or received on account of the trustees of a trust of which the solicitor is solicitor-trustee;
(b)
money to which the only person entitled is the solicitor himself or, in the case of a firm of solicitors, one or more of the partners in the firm; or
(c)
conveyancing money or anticipatory conveyancing money;”;
(d)
by deleting the definitions of “ “conveyance” and “land” ” and “conveyancing money” and substituting the following definitions:
“ “conveyance” has the same meaning as in the Conveyancing and Law of Property Act (Cap. 61);
“conveyancing account”, “conveyancing (CPF) account” and “conveyancing money” have the same meanings as in rule 2(2) of the Conveyancing Rules;
“Conveyancing Rules” means the Conveyancing and Law of Property (Conveyancing) Rules 2011 (G.N. No. S 391/2011);
“land” has the same meaning as in rule 2(2) of the Conveyancing Rules;”;
(e)
by deleting the definition of “solicitor” and substituting the following definition:
“ “solicitor” means an advocate and solicitor of the Supreme Court, and includes a Singapore law practice;”; and
(f)
by inserting, immediately after the words “client’s money” in the definition of “trust money”, the words “or conveyancing money”.