Related provisions for CASS 7A.2.7A

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CASS 7.18.15RRP
If a firm opens a client bank account after a primary pooling event, the firm must:(1) promptly draw up and send out a new acknowledgement letter under CASS 7.18.2 R;(2) not hold or receive any client money in or into the client bank account unless it has sent the acknowledgement letter to the relevant person; and(3) if the firm has not received a duly countersigned acknowledgement letter that has not been inappropriately redrafted (see CASS 7.18.8 R) within 20 business days of
CASS 11.13.14RRP
Any interest earned on client money following a primary or secondary pooling event will be due to clients in accordance with CASS 11.9.11 R (Interest).