# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 222: Specification of banks where solicitors may keep accounts

Extent: E+W+S+N.I.

(1) Section 35 of the Solicitors (Scotland) Act 1980 (accounts rules) is amended as follows.
(2) In subsection (2), for paragraph (e) substitute—
“(e) a person (other than a building society) who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits;
(ea) an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to the Financial Services and Markets Act 2000 which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to accept deposits;”.
(3) After subsection (2) of section 35 insert—
“(2A) Paragraphs (e) and (ea) of subsection (2) must be read with—
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section; and
(c) Schedule 2 to that Act.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/222 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-222
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.