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Makes available the latest paragraphs for you to consider including in your Terms & Conditions.
text for Terms & Conditions:
T's & C's: Group Company Engagements and Allocation of Funds
Change Date : 23/05/2025 | Word Count: 59 | Deployment Measure : 7/10
Rationale:
This clause permits the firm to apply client funds held for one company within a corporate group to pay outstanding fees owed by another company in the same group. It recognises the financial linkage between associated entities and allows for cross-liability settlement where there is common ownership or control.
Where we are instructed by, or act on behalf of, more than one company within the same group—whether by virtue of common ownership, control, or any other form of
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