Chapter 7

Question 1

Where should client’s money be kept?

Answer 1

In a separate account to the business’

Where a money is in excess of £10,000 and expected to be held for more than 30 days, recommended that the money should be paid into an interest-bearing account

Question 2

Can a member represent a client before a Tribunal?

Answer 2

Yes - with the client’s authorisation and if competent to do so.