Solicitors Act, 1954
PART VIII. The Compensation Fund. | ||
Compensation Fund. |
69.—(1) The Society shall establish and maintain a fund to be known as the Compensation Fund. | |
(2) The Society may make grants out of the Compensation Fund to relieve or mitigate losses sustained in consequence of dishonesty of solicitors. | ||
(3) The provisions contained in the Fifth Schedule to this Act shall have effect in relation to the Compensation Fund. | ||
(4) A reference in this section or in the Fifth Schedule to this Act to dishonesty of a solicitor shall be construed as a reference to dishonesty of a solicitor, or a clerk or servant of a solicitor, in connection with such solicitor's practice or with a trust of which such solicitor is a trustee. |