Statutory Instruments
2011 No. 1659
Legal Services, England And Wales
The Legal Services Act 2007 (Licensing Authorities) (Maximum Penalty) Rules 2011
Made
5th July 2011
Laid before Parliament
8th July 2011
Coming into force
1st August 2011
The Legal Services Board with the consent of the Lord Chancellor makes the following Rules in exercise of the powers conferred by sections 95(3) and 204(2), (3)(e) and (4)(b) of the Legal Services Act 2007( 1 ).
The Legal Services Board has complied with the consultation requirements in section 205 of that Act.
Citation and commencement
1. —(1) These Rules may be cited as the Legal Services Act 2007 (Licensing Authorities) (Maximum Penalty) Rules 2011.
(2) These Rules come into force on 1st August 2011.
Maximum penalty
2. The maximum amount of a penalty which a licensing authority may impose under section 95 of the Legal Services Act 2007 (financial penalties) is—
(a) in the case of a penalty imposed on a licensed body, £250 million; and
(b) in the case of a penalty imposed on a manager or employee of a licensed body, £50 million.
Made by the Legal Services Board on 28th June 2011
Edward Nally
Nicole Smith
Steve Green
Chris Kenny
David Wolfe
Barbara Saunders
David Edmonds
Andrew Whittaker
Bill Moyes
I consent
Signed by authority of the Lord Chancellor
J Djanogly
Parliamentary Under Secretary of State
Ministry of Justice
5th July 2011