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CONVEYANCERS LICENSING ACT 2003 - SECT 103 Termination of management

CONVEYANCERS LICENSING ACT 2003 - SECT 103

Termination of management

103 Termination of management

When a licensee's conveyancing business ceases to be under management, any money held by the manager in connection with the business (after reimbursement of any money paid out of the Operating Account in connection with the management of the business and after payment of the expenses of the management of the business) becomes the property of the licensee.