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Section 106 - Agents Act 2003 - Closing trust accounts — Zoe

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Agents Act 2003

106Closing trust accounts

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106 Closing trust accounts (1) A licensed property agent commits an offence if the agent— (a) closes a trust account; and (b) does not tell the commissioner for fair trading, in writing, of the closure within 10 business days after the day the account is closed.

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