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The Solicitors (Amendment) (Northern Ireland) Order 2004

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2004, ISBN 0110491491

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Order in Council laid before Parliament under paragraph 2(1)(a) of the Schedule to the Northern Ireland Act 2000, for approval by resolution of each House of Parliament

NORTHERN IRELAND

Made 2004

Coming into operation 2004

At the Court at Buckingham Palace, the ** day of ** 2004

Present,

The Queen’s Most Excellent Majesty in Council

Whereas a draft of this Order in Council has been approved by resolution of each House of Parliament:

Now, therefore, Her Majesty, in exercise of the powers conferred by paragraph 1(1) of the Schedule to the Northern Ireland Act 2000 (c. 1) and of all other powers enabling Her in that behalf, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:–

Contents

  1. 1Title, commencement and interpretation [j1]
  2. 2Increase in borrowing limit of Compensation Fund [j2]
  3. Signature
  4. Explanatory note

1Title, commencement and interpretation [j1]

(1)

This Order may be cited as the Solicitors (Amendment) (Northern Ireland) Order 2004.

(2)

This Order comes into operation on the day after that on which it is made.

(3)

The Interpretation Act (Northern Ireland) 1954 (c. 33) applies to this Order as it applies to an Act of the Assembly.

2Increase in borrowing limit of Compensation Fund [j2]

(1)

In Schedule 2 to the Solicitors (Northern Ireland) Order 1976 (NI 12) (the Compensation Fund) in paragraph 4 (power of Law Society to borrow for purposes of the Fund subject to a limit of £100,000) for “£100,000” substitute “£1 million or such other amount as the Department of Finance and Personnel may by order subject to negative resolution specify”.

Signature

Clerk of the Privy Council

Explanatory note

(This note is not part of the Order)

This Order increases from £100,000 to £1 million the limit on the amount which may be borrowed by the Law Society of Northern Ireland for the purposes of the Compensation Fund under Schedule 2 to the Solicitors (Northern Ireland) Order 1976.