The Solicitors' Accounts Rules 1998 were amended on 31 March 2009

Solicitors' Accounts Rules 1998

Last updated 31 March 2009

The Solicitors' Accounts Rules 1998 were amended on 31 March 2009 as part of a general updating of the rules to introduce firm-based regulation and legal disciplinary practices as provided for in the Legal Services Act 2007. To view changes to the rules, follow the links in the table of contents below.

Appendix 5 (Form AR1) was amended on 21 May 2009 in order to clarify who should be named on the accountant's report in accordance with rule 35 of the accounts rules.

For versions of the Accounts Rules in force prior to 14 July 2008, visit Previous Accounts Rules.

For help using change tracker, see What is change tracker?

Contents

• Part A – General
• Part B – Client money and operation of a client account
• Part C – Interest
• Part D – Accounting systems and records
• Part E – Monitoring and investigation by the SRA
• Part F – Accountants' reports
• Part G – Commencement
• Appendix 1 – Flowchart: Effect of the Solicitors' Accounts Rules
• Appendix 2 – Special Situations – What Applies
• Appendix 3 – Accounting Procedures and Systems
• Appendix 4 – Reporting Accountant's Checklist (PDF 5 pages, 128K)
• Appendix 5 – Accountant's Report Form (AR1) (PDF 9 pages, 459K)