Section 27(7A)

A letting agent must also apply customer due diligence measures in relation to any occasional transaction which consists of the conclusion of an agreement for the letting of land (within the meaning given in regulation 13(7))— for a term of a month or more, and at a rent which during at least part of the term is, or is equivalent to, a monthly rent of £10,000 or more.

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Source: legislation.gov.uk · retrieved 2026-09-04