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In force2020 Revised Edition

Part 3 · Licensing of Estate Agents and Registration of Salespersons

32. Eligibility to be registered salesperson

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(1)

Only a natural person may be registered as a salesperson.

(2)

An individual is not eligible to be or to remain registered as a salesperson unless —

(a)

the individual has attained 21 years of age or such other age which is for the time being prescribed for the purposes of this subsection;

(b)

the individual satisfies the Council that he or she —

(i)

is or will be employed by a licensed estate agent as a salesperson and he or she does not hold a licence as any other estate agent;

(ii)

has the prescribed educational qualifications or experience;

(iii)

does not hold and is not an employee, a director or a partner of a person who holds a moneylender’s licence; and

(iv)

complies with such other prescribed requirements including continuing education which apply to him or her; and

(c)

the Council otherwise considers the individual a fit and proper person to be registered as a salesperson.

Report

Part 4

Duties and Liability

Part 4A

Prevention of Money Laundering, Proliferation Financing and Terrorism Financing

Part 5

Inspection, Enforcement, Discipline and Offences

Part 6

Suspension and Revocation of Licence and Registration

Part 7

Appeals

Part 8

Miscellaneous

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