Application and definitions of this Part
15.—(1)  This Part shall apply to —
(a)every solicitor who deposits conveyancing money with the Academy under rule 5(1)(c); and
(b)the holding of conveyancing money under the Academy’s Rules.
(2)  In this Part, unless the context otherwise requires, “authorised signatory”, “Category B payee”, “Category C payee”, “conveyancing transaction”, “pay-out form”, “stakeholding deposit” and “variation pay-out form” have the same meanings as in the Academy’s Rules.