272. Audit of estate agents' accounts.

272.     Audit of estate agents' accounts.

Any person who is required to keep accounts in respect of estate agency work1 must draw them up in respect of consecutive accounting periods2 and have them audited by a qualified auditor3 within six months after the end of each accounting period4. The auditor must report to such persons whether in his opinion the statutory requirements as to the manner in which clients' money is to be dealt with5 have been complied with or have been substantially complied with6. If he reports that in his opinion those requirements have not been