36 Interest on client's money

36  Interest on client's money

(1)     Accounts rules shall make provision for requiring a solicitor [or an incorporated practice], in such cases as may be prescribed by the rules, either—

(a)     to keep in a separate deposit or savings account at a bank [or with a building society], or on a separate deposit receipt at a bank, for the benefit of the client money received for or on account of a client; or

[(aa)     to keep in—

(i)     a deposit or share account with a designated building society; or

(ii)     an account showing sums on loan

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