This legislation has been repealed.
(1) For this part, the law society may approve—
(a) an insurer; and
(b) the terms of a policy of professional indemnity insurance for solicitors offered by the insurer.
(2) The law society may—
(a) grant an approval under subsection (1) generally or in respect of any case or class of cases; or
(b) impose such conditions as it thinks fit on the grant of any such approval; or
(c) vary or revoke any such approval.