Which one of the following statements is correct?
Select one:
a. In terms of Rule 55.1 of the Legal Practice Council a firm shall for the purpose of this rule be deemed to be carrying on the business of an investment practice if it invests funds on behalf of a client or clients and it controls or manages such investments, whether directly or indirectly.
b. In terms of Rule 55.4 of the Legal Practice Council a legal practitioner must obtain an investment mandate from each client before withdrawing any investment made on behalf of the client.
c. The investment mandate must contain a statement that the client acknowledges that the invested money does enjoy the protection of the Legal Practitioners Fidelity Fund.
d. In terms of Rule 55.2 of the Legal Practice Council a client for the purpose of an investment practice includes any person on whose behalf a firm invest funds on condition that said person must otherwise also be a client of the practice.