{
  "url": "https://openlegislation.uk/banking-act-1987-exempt-transactions-regulations-1997/regulation-8",
  "json_url": "https://openlegislation.uk/banking-act-1987-exempt-transactions-regulations-1997/regulation-8.json",
  "legislation": "uksi/1997/817",
  "legislation_title": "The Banking Act 1987 (Exempt Transactions) Regulations 1997",
  "legislation_url": "https://openlegislation.uk/banking-act-1987-exempt-transactions-regulations-1997",
  "path": "regulation/8",
  "kind": "regulation",
  "number": "8",
  "heading": "Solicitors",
  "text": "(1) The acceptance by a practising solicitor in the course of his profession of a deposit is an exempt transaction.\n(2) In this regulation “practising solicitor” means a solicitor who is qualified to act as such under section 1 of the Solicitors Act 1974, article 4 of the Solicitors (Northern Ireland) Order 1976 or section 4 of the Solicitors (Scotland) Act 1980, and in Scotland includes a firm of practising solicitors.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1974 c. 47."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 1976/582 (N.I. 12)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "1980 c. 46."
    }
  ],
  "outstanding_effects": [
    {
      "type": "extended",
      "affecting": "uksi/2000/1119",
      "affecting_title": "The European Communities (Lawyer’s Practice) Regulations 2000"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/817/regulation/8",
    "retrieved_at": "2026-10-29T12:20:50.611143+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}