253.Paragraphs 14 to 17 adjust sections 35 to 37A of the 1980 Act (which deal with accounts rules, interest on clients’ money etc.) to shift the onus onto compliance with the rules by the legal business. However, provision is made for an individual solicitor (or solicitors) within each firm to have responsibility for compliance to ensure that there is direct accountability.
Schedule 1 – Law Society of Scotland Rules as to accounts etc.