Section 134 of the Housing and Planning Act 2016 provides that the Secretary of State may by regulations make provision about the approval or designation of client money protection schemes for the purposes of regulations under section 133 of that Act that require a property agent to be a member of an approved or designated government administered client money protection scheme.
Link: The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018
Source: Legislation .gov.uk
