OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order designates the Institute of Chartered Accountants in England and Wales (“the Institute”) as a licensing authority under Part 5 (alternative business structures) of the Legal Services Act 2007 (c. 29) (“the Act”) in relation to the administration of oaths. Part 5 of the Act makes provision about licensing authorities and their functions. The Legal Services Act 2007 (Approved Regulator) Order 2020 (S.I. 2020/271) designates the Institute as an approved regulator in relation to the administration of oaths. Designation as a licensing authority will allow the Institute to license alternative business structures, such as firms which are wholly or partly owned or controlled by non-lawyers to provide legal services, or a mixture of legal and other services, relating to the administration of oaths, to the public.

A full impact assessment has not been prepared for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.