Article 263 Application of Part 20 of the Financial Services and Markets Act 2000 to European lawyersI1

Schedule 2 to the European Communities (Lawyer’s Practice) (Scotland) Regulations (application, extension and modification of enactments to registered European lawyers) is amended as follows.

For paragraph 3 of Part II substitute—

“3

For the purposes of Part 20 of the Financial Services and Markets Act 2000 (provision of financial services by members of the professions), a registered European lawyer and any partner shall be treated as—

(a)

a member of the profession in relation to which the Law Society of Scotland^f1 is established; and

(b)

as subject to the rules of the Law Society of Scotland.”.

Paragraph 5 of Part II is revoked.