sec.55Early termination payment by client allowed

### sec.55 Early termination payment by client allowed This section does not apply if a client has ended an introduction agreement under section 46 or 50 . Despite section 54 (2) , an introduction agreement may require a client to pay an amount for ending the agreement before a stated date (not earlier than 5pm on the third clear business day after the client receives a copy of the signed introduction agreement). The amount must be stated in the agreement and must not be more than the difference between— the contract price for the agreement; and the amount that the client has paid under the agreement up to the time it is ended. s 55 amd 2003 No. 94 s 55 (sec.55-ssec.1) This section does not apply if a client has ended an introduction agreement under section 46 or 50 . (sec.55-ssec.2) Despite section 54 (2) , an introduction agreement may require a client to pay an amount for ending the agreement before a stated date (not earlier than 5pm on the third clear business day after the client receives a copy of the signed introduction agreement). (sec.55-ssec.3) The amount must be stated in the agreement and must not be more than the difference between— the contract price for the agreement; and the amount that the client has paid under the agreement up to the time it is ended. - (a) the contract price for the agreement; and - (b) the amount that the client has paid under the agreement up to the time it is ended.