Singapore legislation

Section 44A

of Estate Agents Act 2010

Section 44A

Application of this Part

Amended by24/202024/2020

(1)

This Part relates to the measures, consistent with standards set by the intergovernmental body known as the Financial Action Task Force, that a licensed estate agent or a registered salesperson must take when doing any estate agency work in relation to an acquisition or a disposition of a property, to prevent the acquisition or disposition of the property from being used to facilitate money laundering, the financing of terrorism or both.

Amended by24/2020

(2)

This Part applies to all licensed estate agents and registered salespersons.

Amended by24/2020