Part 5: Housing, Estate Agents and Rentcharges: Other Changes Enforcement of estate agents legislation Section 134: Client money protection schemes: approval or designation
This section allows the Secretary of State to make regulations to provide for the approval or designation of client money protection schemes. Subsection (2) specifies that the regulations may make provision about the approval or designation of schemes including conditions on which approval is granted or a designation made and conditions which approved or designated schemes and their administrators must comply with. The regulations may also make provision about the withdrawal of approval or revocation of a designation.