Industry News

Updated SRA Handbook introduced

04 November 2014

“Updated SRA Handbook introduced – click the link for a summary of the changes introduced with version 12 of the SRA Handbook, which was published on 31st October 2014. http://www.sra.org.uk/sra/news/press/handbook-version-12.page?src=rss

The news release does not mention the change to SRA Accounts Rule 20.1(j) (in relation to the arrangements with regard to withdrawals from client account when the client cannot be traced) which also now “live”. From 1st November 2014 you may pay to charity sums of £500.00 or less per client or trust matter without the prior authorisation by the SRA, provided the safeguards set out in Rule 20.2 are followed. The sum has been increased from the previous limit of £50.00 to £500.00.”

Ian Braithwaite
Client Relationship Manager

T: 0845 056 3949
M: 0743 727 4046
E: ian.braithwaite@lbslegal.co.uk

For General Enquiries: Email enquiries@lbslegal.co.uk
24 hour Helpline 0845 0563949
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