SRA

means the Solicitors Regulation Authority

defaulting practitioner

has the meaning given in rule 5 of the SRA Compensation Fund Rules.

manager

means:

1. the sole principal in a recognised sole practice;
2. a member of a LLP;
3. a director of a company;
4. a partner in a partnership; or
5. in relation to any other body, a member of its governing body

applicant

means for the purposes of the SRA Compensation Fund Rules a person applying for a grant out of the Compensation Fund.