Guidance: Part VI - Guarantee Fund
This part of the Rules covers the operation of the Scottish Solicitors’ Guarantee Fund, including how to make a claim against the Fund. Schedule 3 of the Rules has the Form of Application which must be completed if a claim is to be considered.
Are there time limits to making a claim on the Fund?
Anyone who wishes to make a claim for a grant from the Fund should do so as soon as practicable and within twelve months of the date when the loss first came to their knowledge.
What else must be done to lodge a claim?
The person who suffered loss through dishonesty on the part of the solicitor or an employee in the conduct of the practice must have the application form notarised in the presence of a suitable person, unless the amount claimed in total is less than £250.
What happens then?
The claim is considered. Further enquiries may require to be made and more evidence may be requested before the Council consider the matter. The Council’s decision is intimated to the claimant and arrangements are made to pay the amount of any grant admitted by the Council.
For further information please visit the Guarantee Fund section.
Updated: July 2009
