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reg 10D

Trust accounts records

In force

10D Trust accounts records

(1)

A dealer must ensure that a record is kept relating to a trust account.

(2)

The record must be —

(a)

kept in written form;

(b)

kept for a period of not less than 6 years from the date on which the money was received; and

(c)

readily accessible.

(3)

The record must contain the information contained on every receipt issued for money received, and may take the form of a duplicate copy of the receipt.

[Regulation 10D inserted: Gazette 13 Aug 2002 p. 4160‑1.]

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