Transport (Tour Operators and Travel Agents) Act 1982

Payments to Fund and Bond not part of tour operator's or travel agent's assets.


24.Neither payments made to the Fund pursuant to section 15 of this Act by a tour operator nor any moneys payable on foot of the Bond entered into by such tour operator or by a travel agent pursuant to section 13 of this Act shall be reckoned to be part of the assets of such tour operator or travel agent and none of such moneys shall be used to discharge any liability of the tour operator or travel agent otherwise than in accordance with this Act.