📜 Settlement Agents Code of Conduct Amendment Rules 2020
RulesSL 2020/22110 November 2020
Principal Act
These rules amend the Settlement Agents Code of Conduct 2016 regarding cost disclosure requirements. They clarify what must be included in the service amount disclosed to clients and address situations where additional payments may be required.
Settlement agents are affected by the changes to cost disclosure requirements. They must ensure their cost disclosures comply with the new rules, including listing all fees and charges and handling unforeseen additional work or tax increases appropriately. Clients will benefit from greater transparency in pricing.
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