184 / 424
GAZETTE
MAY/JUNE 1995
Landlord and Tenant
(Amendment) Act 1994
Renunciation
THIS RENUNCIATION made the
day of
WHEREAS:-
1. I
(the Tenant)
of
have negotiated with
(the Landlord)
of
to take a tenancy of the premises
at
which are a tenement within the
meaning of the Landlord and
Tenant Acts, for the term of
years from the day of
the
terms of the proposed tenancy
providing that the tenement shall
be used wholly and exclusively as
an office.
2. I have received independent legal
advice in relation to this
renunciation from
3. I have been advised that under the
existing legislation I would,
subject to the terms of that
legislation, be entitled to a new
tenancy in the premises at the
expiry (or sooner determination)
of the proposed tenancy.
NOW I,
prior to the
commencement of the proposed
tenancy and under the provisions of
Section 4 of the Landlord & Tenant
(Amendment) Act 1994X>0 HEREBY
RENOUNCE any entitlement which I
may have under the provisions of the
Landlord & Tenant Acts to a new
tenancy in the tenement on the
termination of the proposed tenancy.
SIGNED by the said
in the presence of:-
Conveyancing
Committee
160
Solicitors (Interest on
Clients' Moneys)
Regulations, 1995 Statutory
Instrument No 108 of 1995
The Law Society of Ireland, in
exercise of the powers conferred
on them by section 73 of the
Solicitors (Amendment) Act, 1994
HEREBY MAKE the following
Regulations:-
1. (a) These Regulations may be cited
as the Solicitors (Interest on
Clients' Moneys) Regulations,
1995.
(b) These Regulations shall come
into operation on the third day
of May 1995.
(c) On the coming into operation
of these Regulations, the
Solicitors Professional Practice,
Conduct and Discipline
Regulations, 1986 (S.I.
No 405 of 1986) shall stand
rescinded.
2. (a) In these Regulations:-
"deposit account" means a
deposit account or a savings
account or a deposit receipt
account maintained in the name
of a solicitor or his firm at a
bank and designated as a client
account of that solicitor or
his firm;
"interest" means, in relation to
money received by a solicitor
or his firm for or on account of
a client, the amount of interest
that would be earned if such
money had been held as an
individual amount in a deposit
account of the solicitor's
choosing at the bank (or, if
more than one bank, the
principal bank) to the practice
of the solicitor for a period
commencing seven days after
the receipt by the solicitor or
his firm of such money and
ending when the solicitor or his
firm actually pays out such
money to, or on behalf of,
such client.
(b) Other words and phrases in
these Regulations shall have
the meanings assigned to
them by the Solicitors Acts,
1954 to 1994.
(c) The Interpretation Act, 1937
shall apply for the purpose of
the interpretation of these
Regulations as it applies for the
purpose of the interpretation of
an act of the Oireachtas, except
insofar as it may be
inconsistent with the Solicitors
Acts, 1954 to 1994.
3. From the date of the coming into
operation of these Regulations, a
solicitor to whom regulations made
under section 66 (as substituted by
section 76 of the Solicitors
(Amendment) Act, 1994) of the
Solicitors Act, 1954 applies, shall,
in respect of money received by
him or his firm for or on account of
a client:-
(a) hold such money in a deposit
account and shall account to the
client for interest thereon while
so held; or
(b) shall account to the client for
interest thereon.
4. Where money is received by a
solicitor for or on account of a
client, the client (without prejudice
to any other legal remedy) may
refer, or may require the solicitor to
refer, any question relating to
interest on such money to the
Society, and the Society (after
providing reasonable opportunity to
the client and to the solicitor to
make submissions to the Society
on such question) shall
determine such question and
shall duly notify the client and the
solicitor in writing of such
determination.
5. A solicitor to whom Regulation 3
of these Regulations applies shall
not be required to account to a
client for interest on money
received by the solicitor or his firm
for or on account of the client,
where the amount of interest would
be less than £75 (seventy-five
pounds).