Estate Agents Amendment Act 51 of 1984

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51 of 1984

The Estate Agents Amendment Act 51 of 1984 intends:

to amend the provisions of the Estate Agents Act, 1976, regarding definitions;
to further regulate the constitution of the Estate Agents Board;
to delete the requirement that in the determination of the remuneration and allowances of members of the said board who are not in the fulltime employ of the State, the Minister of Finance is to be consulted with;
to authorize the said board itself to determine the conditions of appointment and the remuneration of staff of the board;
to provide for the appointment by the said board or disciplinary committees;
to provide for the recovery by the board of certain costs from estate agents;
to further regulate the application of moneys in the Estate Agents Fidelity Fund;
to extend the disqualifications relating to fidelity fund certificates; and
to further regulate the duties of estate agents relating to the auditing of their accounting records, the provisions regarding improper conduct by estate agents, certain appeals to the Supreme Court and certain matters regarding the trust accounts of estate agents; and
to provide for matters in connection therewith.

18 April 1984