1989 Ed.]
Legal Practitioners
[CAP. 159
51
73. Power of the Council to make rules
(1) The Council may make rules-
(a) providing for-
(i) the conduct and discipline of solicitors, solicitor's employees and articled clerks; (Replaced 25 of 1968 s. 14. Amended 1 of 1981 s. 5)
(ii) the restriction of payment of commission to unqualified persons; and
(iii) for the purpose of harmonizing the relationship of solicitors inter se and, with the prior approval of the Bar Committee, governing the relationship of solicitors and barristers;
(aa) regulating the issue to solicitors of practising certificates and the fees payable for, the conditions of issue of, the manner of applying for, the period and form of, the publication of the issue and the suspension of such practising certificates and generally in relation thereto; (Added 58 of 1976 s. 13)
(b) in relation to the keeping by solicitors of accounts, providing for-
(i) the opening and keeping by solicitors of accounts at banks of clients' money;
(ii) the keeping by solicitors of accounts containing particulars and information as to moneys received, held or paid both for or on account of their clients;
(iii) empowering the Council to take such action as may be necessary to enable them to ascertain whether or not such rules are being complied with;
(iv) regulating the manner in which solicitors shall deal with money held by them in a fiduciary capacity and the books of accounts to be kept in respect thereof and for the auditing of such accounts;
(v) the qualifications to be held by an accountant by whom an accountant's report may be given; (Amended 25 of 1968 s. 14)
(vi) the nature and extent of the examination to be made by the accountant of the books and accounts of a solicitor or of his firm and of any other relevant documents with a view to the signing of a report to be delivered by the solicitor under section 8; (Amended 25 of 1968 s. 14)
(vii) the form of an accountant's report and the information to be contained therein in accordance with section 8(1); (Replaced 25 of 1968 s. 14)