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Property and Stock Agents Regulation 2022
35Exemptions—the Act, ss 90 and 91
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35 Exemptions—the Act, ss 90 and 91
35 Exemptions—the Act, ss 90 and 91
The Act, sections 90 and 91 do not apply to—
(a) a separate trust account kept on the instructions of a client of a licensee or firm of licensees for the exclusive benefit of the client, or
(b) a separate trust account opened by a licensee for the exclusive benefit of both the vendor and the purchaser of land.