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SOLICITORS (NORTHERN IRELAND) ORDER 1976 - SECT 77

77.(1) Subject to the provisions of this Article, a bank shall not, in
connection with any transaction on any account of any solicitor kept with it
or with any other bank (other than an account kept by a solicitor as trustee
for a specified beneficiary) incur any liability or be under any obligation to
make any inquiry or be deemed to have any knowledge of any right of any person
to any money paid or credited to any such account which it would not incur or
be under or be deemed to have in the case of an account kept by a person
entitled absolutely to all the money paid or credited to such account.

(2) Nothing in paragraph (1) shall relieve a bank from any liability or
obligation under which it would be apart from this Order.

(3) Notwithstanding anything in paragraph (1), a bank at which a solicitor
keeps an account for clients' money shall not, in respect of any liability of
the solicitor to the bank, not being a liability in connection with that
account, have or obtain any recourse or right, whether by way of set-off,
counterclaim, charge or otherwise, against money standing to the credit of
that account.

(4) Nothing in paragraph (3) shall deprive a bank of any right existing on the
day when the first regulations made under Article 33(1)(a) come into
operation.

© 1976 Crown Copyright

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