271. Estate agents' accounts and records.

Any person who receives client's money1 in the course of estate agency work2 is under a duty to keep such accounts and records relating to clients' money received, held or paid out as are sufficient to show that he has discharged the duty3 to keep client accounts4 and to show and explain readily at any time all dealings with the money to which such accounts relate5. Any accounts and records so kept must be retained for six years after the end of the accounting period