Paragraph 10 Power of court to order licensed body to pay over clients' money

(1)

Any jurisdiction of the High Court to make, in the case of a solicitor who is acting or has acted as such for a client, an order of the kind referred to in sub-paragraph (2) shall be exercisable in the case—

(a)

of a licensed body which is acting or has acted as such for a client; or

(b)

of any manager or employee of such a body.

(2)

The order referred to in sub-paragraph (1) is an order requiring the payment or delivery up of, or otherwise relating to, money or securities which the solicitor has in his possession or control on behalf of the client.