# Law Reform (Miscellaneous Provisions) (Scotland) Act 1980, Section 25: Solicitors’ clients’ accounts.


In the Solicitors (Scotland) Act 1980—
(a) in section 36(1) (interest on client’s money)—
(i) the word “either” shall cease to have effect;
(ii) after paragraph (a) there shall be inserted the following paragraph—
“(aa) to keep in—
(i) a deposit or share account with a designated building society; or
(ii) an account showing sums on loan to a local authority,
being in either case an account kept by the solicitor in his own name for a specified client, money so received; or”; and
(iii) in paragraph (b) after the words “paragraph (a)”, there shall be inserted the words “ or (aa) ”;
(b) in section 42(3) (exceptions to provisions regarding distribution of sums in client’s bank account), at the end there shall be added the words
“; nor shall any regard be had for such purposes to any—
(a) deposit or share account with a designated building society; or
(b) account showing sums on loan to a local authority,
being in either case an account kept by the solicitor in his own name for a specified client.”; and
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/1980/55/section/25 (the official version)
Page: https://openlegislation.uk/law-reform-miscellaneous-provisions-scotland-act-1980/section-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.