PART 4Letting agents

Duties of registered letting agents

37Duty to inform: change of circumstances

(1)

This section applies if, in consequence of a change in circumstances, any F1relevant information becomes inaccurate.

(2)

The registered letting agent must notify the Scottish Ministers in writing, as soon as practicable after the inaccuracy arises, of the change that has occurred.

(3)

The notice must be accompanied by a fee of such amount (if any) as the Scottish Ministers may determine.

(4)

It is an offence for a person to fail to comply with subsection (2) without reasonable excuse.

(5)

A person who commits an offence under subsection (4) is liable on summary conviction to a fine not exceeding level 3 on the standard scale.

F2(6)

In subsection (1), “relevant information” means—

(a)

information provided by a registered letting agent under section 30(2)(a) to (e) or, as the case may be, this section,

(b)

such of the information provided by virtue of section 30(2)(f) as the Scottish Ministers may by regulations prescribe,

(c)

information provided by a registered letting agent in accordance with a notice served under section 52(1).