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Interpretation

3.  In this Order:–

“recognised body” means a body corporate recognised by the Council of the Law Society under section 9 of the Administration of Justice Act 1985;

“member” means a person whose name is entered on the register of members of a recognised body;

“beneficial owner” means a person on whose behalf a member holds any share in a recognised body as his nominee;

“holding company” and

“subsidiary” have the meanings assigned to them by Section 786 of the Companies Act 1985(1) and “associated” in relation to two or more companies means two or more companies that are subsidiaries of the same holding company.