(iv) to enable the accounts of those moneys to be conveniently and properly audited in accordance with this Act; S. 63(1)(b) (b) before the end of the next business day after amended by the day on which the money is received, No. 9500 s. 14. disbursed, disposed of or dealt with enter into the accounting records the particulars required under paragraph (a); and (c) correctly balance the accounts at the end of each month; and S. 63(1)(d) (d) keep records of all balances of accounts held amended by at authorised financial institutions of such No. 29/1989 s. 19(1). moneys and keep such files and other records as will explain a transaction referred to in this subsection. (2) The accounting records and files and other records referred to in subsection (1) shall be kept in written or printed form in the English language or so as to enable the accounting records and files or other records to be readily accessible and readily convertible into written or printed form in the English language. S. 63(3) (3) Subject to subsection (4), if an estate agent amended by receives money (including rent money) for or on No. 10028 s. 35(a)(i)(ii), behalf of any other person, the agent must— substituted by No. 41/2003 (a) immediately write out and give to the person s. 39(1). from whom the money was received a receipt for the money; and (b) retain a duplicate copy of the receipt (or other record approved by the Director) clearly marked with the word "Duplicate" for a period of 7 years.
(iv) to enable the accounts of those moneys to be conveniently and properly audited in accordance with this Act; S. 63(1)(b) amended by No. 9500 s. 14. (b) before the end of the next business day after the day on which the money is received, disbursed, disposed of or dealt with enter into the accounting records the particulars required under paragraph (a); and (c) correctly balance the accounts at the end of each month; and S. 63(1)(d) amended by No. 29/1989 s. 19(1). (d) keep records of all balances of accounts held at authorised financial institutions of such moneys and keep such files and other records as will explain a transaction referred to in this subsection. (2) The accounting records and files and other records referred to in subsection (1) shall be kept in written or printed form in the English language or so as to enable the accounting records and files or other records to be readily accessible and readily convertible into written or printed form in the English language. S. 63(3) amended by No. 10028 s. 35(a)(i)(ii), substituted by No. 41/2003 s. 39(1). (3) Subject to subsection (4), if an estate agent receives money (including rent money) for or on behalf of any other person, the agent must— (a) immediately write out and give to the person from whom the money was received a receipt for the money; and (b) retain a duplicate copy of the receipt (or other record approved by the Director) clearly marked with the word "Duplicate" for a period of 7 years.