Who does part C (interest) of the rules not generally apply to?
What else does part C not apply to? What happens in this situation?
Solicitors who are Liquidators, trustees in bankruptcy, Court of Protection deputies and trustees of occupational pension schemes.
Rule 24 note viii refers to Rule 9
Part C also does not apply to joint accounts (Rule 24 note ix). If a solicitor holds money jointly with a client, interest earned on the account will be for the benefit of the client unless otherwise agreed. If money is held jointly with another solicitors' practice, the allocation of interest earned will depend on the agreement reached.