(1) The Solicitors’ Incorporated Practices Order 1991 is renamed the Solicitors’ Recognised Bodies Order 1991 and is amended as follows.
(2) In article 1 (Citation and commencement) for “Solicitors’ Incorporated Practices Order 1991” substitute “Solicitors’ Recognised Bodies Order 1991”.
(3) In article 3—
(a) omit “corporate” and “the Council of” from the definition of “recognised body”;
(b) in the definition of “member” insert “or who is a partner” before “of a recognised body”; and
(c) in the definitions of “holding company” and “subsidiary” for “Section 786 of the Companies Act 1985” substitute “section 1159 of the Companies Act 2006 ”.
(4) In Schedule 1—
(a) omit the entries relating to the statutes and statutory instruments listed in Schedule 1 to this Order;
(b) in the entry relating to section 146(2) and (4) of the Consumer Credit Act 1974 substitute “1974” for “1947”; and
(c) insert the following entry at the end of the list of statutes which apply to recognised bodies—
(5) In Schedule 2—
(a) omit the entries listed in Schedule 2 to this Order; and
(b) insert the following entry at the end of the table of “Statutory Instruments Which Apply to Recognised Bodies With Additions, Omissions and Modifications”—