Every marketing scheme1 must establish a fund, to be administered and controlled by the board2, into which all money received by the board is to be paid and from which money is to be disbursed to operate the scheme3. Provision must similarly be made for the payment by registered producers4 of contributions to the fund of such amounts as may be necessary for the operation of the scheme5, for the assessment of such contributions6, for the distribution of surplus funds7, for the keeping and auditing of accounts8, for
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234