Example sentences of "[prep] [art] solicitors [unc] indemnity " in BNC.
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1 | Rule 12.18(b) of the Solicitors ' Indemnity Rules 1992 reads as follows : — |
2 | Indemnity insurance At the same time as applying for replacement of his practising certificate a solicitor must satisfy the Law Society ( by attaching to his application a copy of the form of evidence issued and stamped by London Insurance Brokers Ltd ) that he has complied with the provisions of the Solicitors ' Indemnity Rules 1991 or that he is exempt from so doing . |
3 | Notice of the potential or actual claim must be given to the Solicitors ' Indemnity Fund Ltd ( see Chapter 12 for a summary of the Solicitors ' Indemnity Rules ) . |
4 | An MNP will require cover under the Solicitors ' Indemnity Fund in respect of its offices in England and Wales . |
5 | Overseas branch offices also have compulsory cover under the Solicitors ' Indemnity Fund , except in the case of an MNP having fewer than 75% solicitor principals . |
6 | ( i ) ‘ Solicitors Indemnity Fund ’ means the Fund established under the Solicitors ' Indemnity Rules 1987 . |
7 | The most well-known example is in the Solicitors ' Indemnity Rules 1989 , at General Condition 6.1.1 of Schedule 3the " Master Policy " covering the first layer of claims against all solicitors . |
8 | In addition to the above payments an RFL who is a partner in or held out as a partner in an MNP is required to produce evidence of payment of the appropriate contribution to the Solicitors ' Indemnity Fund . |
9 | The Solicitors ' Indemnity Rules extend to recognised bodies the requirement to make contributions to the Solicitors ' Indemnity Fund ( SIF ) ; in return the Fund will provide cover of £1,000,000 in respect of each and every claim . |
10 | Solicitors ' Practice Rule 14 requires solicitors who wish to provide structural surveys or formal property valuations to ensure that : ( 1 ) the work is carried out by a principal or employee who is a chartered surveyor or who holds another professional qualification approved by the Council of the Law Society ; and ( 2 ) an appropriate additional contribution is paid to the Solicitors ' Indemnity Fund ( see Chapter 12 ) . |
11 | Notice of the potential or actual claim must be given to the Solicitors ' Indemnity Fund Ltd ( see Chapter 12 for a summary of the Solicitors ' Indemnity Rules ) . |
12 | Besides notice to the clients , information as regards mergers and takeovers will be required to be given to the Law Society and to the Solicitors ' Indemnity Fund , to the Inland Revenue and to Customs and Excise — just as upon the starting up of any new firm . |
13 | The paper was prompted by the Law Society 's concern over the increasing cost of defaults — it estimates that claims against its compensation fund will reach £20m annually , mainly attributed to defaults of sole practitioners ( defaults within partnerships usually fall on the solicitors ' indemnity fund ) . |
14 | This is not interpreted so as to compel a solicitor in overseas practice to maintain cover in excess of the current levels prescribed by the Solicitors ' Indemnity Rules , though local requirements may have that result . |