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CLC publishes financial statement

The CLC has published its Financial Statements for 2013 here.

The figures indicate that the new Chief Executive Sheila Kumar has put the specialist property law regulator onto a solid financial footing.

There were unforeseeable financial burdens on the CLC last year because of an increase in the number and scale of interventions needed to protect consumers.

With savings made through efficiencies introduced during the year and tighter cost controls the regulator ended 2013 in line with budget provision.

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