S.I. No. 252/1957:

THE SOLICITORS' ACCOUNTS REGULATIONS, 1957.

THE SOLICITORS' ACCOUNTS REGULATIONS, 1957.

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 Chief Justice hereby make the following regulations.

1. These regulations may be cited as the Solicitors' Accounts Regulations, 1957, and shall come into operation on the 6th day of December, 1957.

2. The Interpretation Act, 1937 applies to these Regulations in the same manner as it applies to an Act of the Oireachtas except in so far as it may be inconsistent with the Act or these regulations.

3. These regulations shall be read together with the Solicitors' Accounts Regulations, 1955 ( S.I. No. 218 of 1955 ) and the Solicitors' Accounts Regulations, 1956 ( S.I. No. 308 of 1956 ) and shall in so far as they are inconsistent therewith alter and amend the same.

4. Regulations 2, 11 (except clause (i) (2) thereof) and 12 to 16 inclusive of the Solicitors' Accounts Regulations, 1955 ( S.I. No. 218 of 1955 ) shall come into operation on the 1st day of January, 1958. The remainder of the said regulations shall come into operation on the 1st day of July, 1958.

Signed on behalf of the Incorporated Law Society of Ireland this 5th day of December, 1957.

JOHN CARRIGAN,

President of the Incorporated Law Society of Ireland.

concur in the making of the foregoing regulations.

CONCHUBHAR A. MAGUIDHIR,

Chief Justice.

Explanatory Note.

Parts II and III of the Solicitors' Accounts Regulations, 1955, provide for the keeping by solicitors of special bank accounts for client's money and trust money. Part IV requires solicitors to keep properly written up books of account in respect of such moneys. The present regulations provide that these requirements of part IV will come into operation on 1st January, 1958, and parts II and III on 1st July, 1958.