{
  "url": "https://openlegislation.uk/letting-agent-code-of-practice-scotland-regulations-2016/schedule/paragraph-122",
  "json_url": "https://openlegislation.uk/letting-agent-code-of-practice-scotland-regulations-2016/schedule/paragraph-122.json",
  "legislation": "ssi/2016/133",
  "legislation_title": "The Letting Agent Code of Practice (Scotland) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/letting-agent-code-of-practice-scotland-regulations-2016",
  "path": "schedule/paragraph/122",
  "kind": "paragraph",
  "number": "122",
  "heading": "Client accounts",
  "text": "You must have written confirmation from any bank or building society where a client account is held that the following conditions apply:\n(a) that all money standing to the credit of that account is client money; and\n(b) that the bank or building society is not entitled to combine the account with any other account or exercise any right to set-off or counterclaim against money in that account for any sum owed to the bank or building society on any other of your accounts it holds.",
  "extent": "S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. para. 122 in force at 31.1.2018, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2016/133/schedule/paragraph/122",
    "retrieved_at": "2026-10-28T21:24:26.828315+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}