S.I. No. 125/1976 - Solicitors Accounts (Amendment) Regulations, 1976.


S.I. No. 125 of 1976.

SOLICITORS ACCOUNTS (AMENDMENT) REGULATIONS, 1976.

The Incorporated Law Society of Ireland in exercise of the powers conferred on them by Sections 4 , 5 , 66 and 71 of the Solicitors Act 1954 and of every other power thereunto them enabling and with the concurrence of the President of the High Court hereby make the following regulations.

1. These regulations may be cited as the Solicitors' Accounts (Amendment) Regulations 1976, and shall be read together with the Solicitors' Accounts Regulations 1967 ( S.I. No. 44 of 1967 ) (hereinafter called the Principal Regulations) and shall, to the extent to which they are inconsistent with the said regulations, alter and amend the same.

2. These regulations shall come into operation on the 17th day of June, 1976.

3. The Principal Regulations shall be amended by the addition of the following Fourth Schedule.

FOURTH SCHEDULE

Any branch in Northern Ireland of a bank named in the first Schedule.

Post Office Savings Bank

Trustee Savings Banks

Agricultural Credit Corporation Ltd.

First National City Bank

First National Bank of Chicago

Algemene Bank Nederland (Ireland) Ltd.

Banque Nationale de Paris (Ireland) Ltd.

The Bank of Nova Scotia

Chase and Bank of Ireland (International) Ltd.

Bank of America.

Or any other bank licensed under the Central Bank Acts as the Society may from time to time approve.

London clearing banks:

Barclays Bank Ltd.

The Bank of England

Coutts & Co.

The District Bank Ltd.

Glyn Mills & Co.

Guinness Mahon & Co. Ltd.

Lloyds Bank Ltd.

Martins Bank Ltd.

The Midland Bank Ltd.

The National Bank Ltd.

The National Westminster Bank Ltd.

Williams & Deacon's Bank Ltd.

The Westminster Bank Ltd.

Scottish clearing banks:

The Bank of Scotland

The British Linen Bank

The Clydesdale Bank Ltd.

The National Commercial Bank of Scotland Ltd.

The Royal Bank of Scotland.

Dated this 17th day of June, 1976.

Signed on behalf of the Incorporated Law Society of Ireland.

PATRICK C. MOORE,

President of The Incorporated Law Society of Ireland.

I concur in the making of the above regulations.

THOMAS A. FINLAY,

President of the High Court.

EXPLANATORY NOTE.

The effect of these regulations which are intended to be of a temporary character, is to authorise solicitors to open designated client accounts for clients' monies with the named British and Scottish clearing banks, or any branch in Northern Ireland of an Irish associated bank, or in any of the other designated banks.