The Conduct of Employment Agencies and Employment Businesses Regulations 2003

Maintenance of client accounts

7.—(1) No money drawn from a client account under paragraph 6(b), (c) or (d) shall be drawn except by—

(a)a cheque or electronic transfer drawn in favour of the agency; or

(b)a transfer to an account at a credit institution in the name of the agency not being a client account.

(2) No money other than money permitted by paragraph 6 to be drawn from a client account shall be so drawn.

(3) A withdrawal from a client account may only be made by a person who is an authorised signatory in accordance with the current mandate held by the credit institution holding the account.