Regulation 7 Entitlement to commission on transactions concluded during agency contractI1
England, Wales and Scotland
A commercial agent shall be entitled to commission on commercial transactions concluded during the period covered by the agency contract—
where the transaction has been concluded as a result of his action; or
where the transaction is concluded with a third party whom he has previously acquired as a customer for transactions of the same kind.
A commercial agent shall also be entitled to commission on transactions concluded during the period covered by the agency contract where he has an exclusive right to a specific geographical area or to a specific group of customers and where the transaction has been entered into with a customer belonging to that area or group.
Annotations
Commencement
- I1
Reg. 7 in force at 1.1.1994, see reg. 1(1)