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 14/05/2007.
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 definition of “client’s money”, the following definitions:
“ “conveyance” and “land” have the same meaning respectively, as in section 2 of the Conveyancing and Law of Property Act (Cap. 61);
“conveyancing money” means client’s money held or received by a solicitor for or in connection with the conveyance, transfer or grant of any estate, interest or right in respect of land, and includes client’s money held or received by a solicitor for or in connection with —
(a)
the sale, purchase or assignment of any estate, interest or right in respect of land;
(b)
the grant of a lease, licence or tenancy in respect of land; or
(c)
the grant of a mortgage of or charge on land, or the redemption or discharge thereof;”; and
(b)
by inserting, immediately after the definition of “Public Accountants Oversight Committee”, the following definition:
“ “signatory”, in relation to a client account, means a solicitor who is authorised to sign a cheque or other instruction effecting a withdrawal from the client account;”.