“The LSB has today (17 August) published its decision document and the Order that it will recommend to the Lord Chancellor should be made under section 80 of the Legal Services Act 2007 about the appeal mechanism for decisions of the Solicitors Regulation Authority (SRA) if it is designated as a Licensing Authority. This follows the consultation Alternative business structures: appeal arrangements which ran from 5 May 2011 to 2 June 2011 and our decision to recommend to the Lord Chancellor that the SRA should be designated as a Licensing Authority.”
Legal Services Board, 17th August 2011
Source: www.legalservicesboard.org.uk