Report comment

Of the 23 published waivers, 18 relate to Sills & Betteridge. Each of those waivers describes Sills & Betteridge LLP as "the applicant", but each waiver is granted to an entity other than Sills & Betteridge LLP.

Each of those entities - which are limited companies - is described in the register as a "non-trading recognised body". Looking at the accounts of those entities on Companies House, each of them appears to be trading.

So, what does "non-trading recognised body" mean? And why is the SRA granting waivers to an entity other than that which it describes as the applicant?

The reason for the waivers is that:

"Granting a waiver avoids the unnecessary burden of authorising non-working corporate manager owner recognised bodies in order for the body beneath to remain a recognised body."

Erm, what? To whom is that explanation supposed to be comprehensible? What is the "body beneath"? If the idea is that Sills & Betteridge LLP has a COLP and COFA but each corporate member of the LLP does not need its own COLP or COFA, could the SRA not say that?