Common use of Returning Clients Clause in Contracts

Returning Clients. 8.1 If you are re-engaging Forma in the same accounting year in which you left the Service, we would normally re-enable your previous Forma account and software and you would need to enter any missing data. If you do not wish this to happen you should contact us and request a new version of the Forma Software. This new version of the Forma Software would hold no historical data and you would be required to enter any previous trading activities back to the start of the accounting year in which you re-engaged Forma. 8.2 If you had been through an accounting year-end since leaving Forma we must create a new version of the Forma Software for you. 8.3 A new set up fee will be charged when returning to the Services. This fee will be calculated by reference to your business’s year-end and whether we are enabling the same Forma Software. 8.4 If we are enabling the same Forma Software, we will ask you to make up any missing monthly subscription fees for the period you have not used the Forma Software. 8.5 In order for us to comply with the Money Laundering Regulations 2007, the Proceeds of Crime Act 2002, the Terrorism Act 2000 and the Criminal Finances Act 2017 we are required to carry out another identity verification check before allowing you use of the Services again. If you leave our services and return in the same year we will normally re-activate your account. If you have finished your accounting year we will open a new account for you. We will need to re-verify your identity before re-engaging you as a client.