Singapore legislation
Regulation 10
of Estate Agents (Licensing and Registration) Regulations 2010
Regulation 10
Exemptions for former principal licensees
Subregulation 1
Regulation 9(1)(c) and (d) shall not apply to any person who is a former principal licensee.
Subregulation 2
Regulation 9(1)(e) does not apply to a former principal licensee, or a qualifying partner or director of a former house agent (called in this paragraph a former agent) —
if the former agent was on 1 January 2011, and had since that date continuously been, any one or more of the following persons (called in this paragraph relevant persons):
a specified individual;
a key executive officer of any licensed estate agent;
a registered salesperson of any licensed estate agent; or
if the former agent —
was on 1 January 2011, and had since that date continuously been (other than any break not exceeding 2 years each), any one or more of the relevant persons; and
had satisfied the CPE requirements under the Act —
for the year or years that the former agent had been any one or more of the relevant persons; and
for the year or years during which the former agent had ceased to be any one or more of the relevant persons, as if the former agent had not ceased to be such relevant person or persons.
Subregulation 3
In this regulation, “qualifying partner or director of a former house agent” means a partner or director of a former house agent who has carried out estate agency work and who —
on or before 31 December 2010 — passed an industry examination listed in the first column of the Second Schedule that is conducted by the body specified opposite in the second column of the Schedule; or
on or before 31 December 2011 — passed the Real Estate Agency examination.