Rule 3 Amendments to the Legal Services Act 2007 (Levy) (No.2) Rules 2010
In rule 2 (Levy imposed under these Rules)—
(a)
in paragraph (1), for “A” substitute “Subject to paragraph (6), a”;
(b)
in paragraph (3)(a), after “estimated expenditure” insert “in so far as actual expenditure figures are not available to the Board”;
(c)
after paragraph (5), insert—
“(6)The levy is not to be imposed on a leviable body to whom this paragraph applies until its regulatory arrangements in respect of reserved legal activities are approved by the Board under Part 3 of Schedule 4 to the 2007 Act.
(7)Paragraph (6) applies to—
(a)the Institute of Chartered Accountants of Scotland; and
(b)the Association of Chartered Certified Accountants.”.