SCHEDULES

SCHEDULE 16The Law Society, solicitors, recognised bodies and foreign lawyers

Part 1The Solicitors Act 1974 (c. 47)

I156

In section 60 (effect of contentious business agreements)—

a

in subsection (1) for “taxation” substitute “ assessment ”,

b

in subsection (2)—

i

for “taxed” substitute “ assessed ”, and

ii

for “taxation” substitute “ assessment ”, and

c

for subsection (5) substitute—

5

A provision in a contentious business agreement that the solicitor shall not be liable for his negligence, or that of any employee of his, shall be void if the client is a natural person who, in entering that agreement, is acting for purposes which are outside his trade, business or profession.

6

A provision in a contentious business agreement that the solicitor shall be relieved from any responsibility to which he would otherwise be subject as a solicitor shall be void.