(1) A sum is not a deposit for the purposes of article 5 if it is received by a practising solicitor acting in the course of his profession.
(2) In paragraph (1), "practising solicitor" means -
(a) a solicitor who is qualified to act as such under section 1 of the Solicitors Act 1974 [1974 c. 47.], article 4 of the Solicitors (Northern Ireland) Order 1976 [S.I. 1976/582 (N.I. 12); relevant amending instrument is S.I. 1989/1343 (N.I. 14).] or section 4 of the Solicitors (Scotland) Act 1980 [1980 c. 46.];
(c) a registered foreign lawyer in the course of providing professional services as a member of a multi-national partnership; or
(d) a Swiss lawyer who is a registered European lawyer.
(e) [deleted]
(3) In this article -
(a) "a recognised body" means a body recognised by -
(i) the Council of the Law Society under section 9 of the Administration of Justice Act 1985 [1985 c. 61; section 9 was amended by para. 54 of Sch. 18 to the Courts and Legal Services Act 1990,
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