C2: Incidental Financial Business Forms
There are two Incidental Financial Business Forms
Application for an Incidental Financial Business Licence - IFB1- this is the appropriate form if you wish to apply for an IFB licence.
There is no need for you to apply for your IFB licence to be renewed. Your licence will only cease to be valid if your practice ceases or if for any other reason you choose to surrender it.
Incidental Financial Business Compliance Certificate - IFB2 - this is the certificate which must be completed and submitted on behalf of the practice unit in accordance with Rule C2.17.
The application form (IFB1) should be marked for the attention of,
Member Registration, The Law Society of Scotland to member.registration@lawscot.org.uk
The compliance certificate (IFB2) should be returned by email for the attention of
Financial compliance, The Law Society of Scotland to accountscertificate@lawscot.org.uk