8—Variation of regulation 35—Audit of trust accounts
(1) Regulation 35—delete "A collection" and substitute:
Subject to subregulation (2), a collection
(2) Regulation 35—after its present contents (now to be designated as subregulation (1)) insert:
(2) If no trust money was held in a collection agent's trust account during a particular audit period, no audit is required under subregulation (1) in relation to that period.