Paragraph 17 Amendment to rule 24

After rule 24(2) insert—

“(3)

In the prescribed forms, “conveyancer” means—

(i)

an authorised person entitled to carry on the relevant reserved instrument activities in accordance with the regulatory arrangements of the relevant approved regulator or licensing authority, as the case may be,

(ii)

an individual or body who employs, or being a body has among its managers, at least one authorised person entitled to carry on the relevant reserved instruments activities and who will carry on or direct and supervise the carrying on of the relevant reserved instrument activities as such employee or manager, in accordance with the regulatory arrangements of the relevant approved regulator or licensing authority, as the case may be, or

(iii)

a person who carries on the relevant reserved instrument activities in the course of that person’s duty as a public officer.

(4)

For the purposes of the definition in paragraph (3)—

(i)

“authorised person” has the same meaning as in section 18 of the Legal Services Act 2007^f1,

(ii)

“licensing authority” has the same meaning as in section 73 of the Legal Service Act 2007,

(iii)

“manager” has the same meaning as in section 207 of the Legal Services Act 2007,

(iv)

“regulatory arrangements” has the same meaning as in section 21 of the Legal Services Act 2007,

(v)

“relevant approved regulator” has the same meaning as in section 20 of the Legal Services Act 2007,

(vi)

“relevant reserved instrumentation activities” means the reserved instrument activities set out in paragraph 5(1)(a) and (b) of Schedule 2 to the Legal Services Act 2007.”.