Practice and Procedure

SRA will license ABSs by the end of 2011

PUBLISHED November 25, 2011

The statutory barrier to the Solicitors Regulation Authority gaining a licence to authorise alternative business structures has been lifted.

A spokeswoman for the Ministry of Justice told the Gazette: ?We expect the Solicitors Regulation Authority to become a licensing authority by the end of this year. Appeal arrangements have now been successfully debated in parliament which means the necessary designation order can be made.?

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