The SRA Handbook is no longer in effect. It was replaced by the SRA Standards and Regulations on 25 November 2019.
SRA Handbook
Rules
Back to version 21Version 6 of the Handbook was published on 01/01/2013. For more information, please click 'History' Above
Part 1: Rules
Rule 1: Purpose
- 1.1
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The purpose of these Rules is to set out the standards which must be met by solicitors and RELs when carrying on insolvency practice.
Rule 2: Interpretation
- 2.1
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The SRA Handbook Glossary 2012 shall apply and, unless the context otherwise requires:
- (a)
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all italicised terms shall be defined; and
- (b)
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terms shall be interpreted,
in accordance with the Glossary.
Rule 3: Standard of insolvency practice
- 3.1
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When engaged in insolvency practice, you must comply with the Insolvency Code of Ethics.
Rule 4: Waivers
- 4.1
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In any particular case or cases the SRA Board shall have the power, in exceptional circumstances, to waive in writing the provisions of these Rules for a particular purpose or purposes expressed in such waiver, to place conditions on and to revoke such a waiver.
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Notes
- (i)
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You must comply with the requirements of the Insolvency Act 1986 and other relevant legislation in relation to accepting appointments and acting as an appointment holder.
- (ii)
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You should have regard to the other guidance and best practice issued from time to time by the SRA as a recognised professional body on all issues relating to appointment holding, including professional independence.