EXPLANATORY NOTE

This Order brings into operation on 3rd May 1982 most of the provisions of the Estate Agents Act 1979 including:—

1

Sections 1 to 15 and Schedules 1 and 2 relating to the application of the Act, Orders by the Director General of Fair Trading, information, entry and inspection and clients' money and accounts other than insurance cover for clients' money.

2

Section 18 relating to information to be given to clients about their prospective liabilities to estate agents.

3

Section 20 prohibiting pre-contract deposits in Scotland.

4

Section 21 relating to transactions in which an estate agent has a personal interest.

5

Section 23 prohibiting bankrupts from engaging in estate agency work.

6

Sections 24 to 34 and 36 relating to supervision, enforcement, publicity and supplementary matters.