Become a CLC Regulated Firm

Find out more information about becoming a CLC Regulated Firm including setting up an Alternative Business Structure (ABS), as well as Setting up a Recognised Body.

An Alternative Business Structure is a relatively new form of business structure where external investment in the business can be made from non-lawyers in professional management or ownership roles.

By comparison, a Recognised Body means that the practice must be wholly owned by the authorised person/s who will operate and manage the business and deliver the regulated services direct to the public.

For further information please see the following literature:

Optimise Your Firm’s Potential – Changing to CLC Regulation

Fact Sheet 1 – About the CLC

Fact Sheet 2 – CLC Regulation

Fact Sheet 3 – A New Approach to Regulation