Background Miscellaneous Section 48 – Law Society of Scotland
123.This section—
	requires the Law Society to prepare its rules for authorising and regulating legal businesses under section 41 within such period (not exceeding three years) as it may agree with the Lord President, and
	allows the Law Society to use its powers to make rules under the 1980 Act (as amended by Part 2 of schedule 1) to authorise and regulate legal businesses under Part 2.
124.The Law Society’s ALB rules are invalid unless they have the prior approval of the Lord President.