217: Agent’s right of retainer out of sums received on principal’s account
The Contract Act · Federal Acts · Chapter X · in_force
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An agent may retain, out of any sums received on account of the principal in the business of the agency, all moneys due to himself in respect of advances made or expenses properly incurred by him in conducting such business, and also such remuneration as may be payable to him for acting as agent.
Related sections
216: Principal’s right to benefit gained by agent dealing on his own account in business of agency218: Agent’s duty to pay sums received for principal215: Right of principal when agent deals, on his own account, in business of agency without219: When agent’s remuneration becomes due214: Agent’s duty to communicate with principal220: Agent not entitled to remuneration for business misconducted
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