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Rules of Practice 1994 (S.R. 1994, No. 229)
Requested:  29 Apr 2017
Consolidated as at:  17 Mar 2006

33. Payments

A firm must ensure that the following details are recorded in the trust ledger account in respect of each payment:

(a) the date the payment was made;

(b) the amount of the payment;

(c) the name of the payee;

(d) details of the purpose for which the payment was made.


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