(1) In this Chapter “letting agent” means a person who engages in letting agency work (whether or not that person engages in other work).
(2) A person is not a letting agent for the purposes of this Chapter if the person engages in letting agency work in the course of that person's employment under a contract of employment.
(3) A person is not a letting agent for the purposes of this Chapter if—
(a) the person is of a description specified in regulations made by the appropriate national authority;
(b) the person engages in
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