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Cap. 615 · Real Estate Agents, Property Brokers And (Cap. 615)

Cap. 615 Art. 11Register of Licensees. 10 [

PART III

In KraftAmtlicher Text

(1) For the purpose of this Act, the Board shall set up and maintain a Register of Licensees which the Board shall ensure to make available to the public using any means it deems fit.

(2) The Register shall include the following details:

(a) in the case of the issue of a licence, the name and address of the licensee, the qualification by virtue of which he is entitled to hold a licence under this Act, the address of the principal place of activity and of any approved branch office, the CAP.615. PROPERTY CONSULTANT

name of the branch manager of such branch office, the date on which the application was granted and the type of licence issued;

(b) in the case of real estate agents exercising their activity through a partnership:

(i) the official full name and registration number of the partnership;

(ii) the date of incorporation or registration of the partnership;

(iii) the registered address or principal place of activity; and

(iv) the names of all directors, partners, company secretary and beneficial owners;

(c) where real estate agents employ or engage property consultants, an updated list including the personal details of all property consultants who are employed or engaged with the real estate agent;

(d) in the case of the renewal of a licence, the date on which the application was renewed;

(e) in the case of the cancellation of a licence or certificate of approval or the suspension of a licensee or holder of a certificate of approval, the date and the grounds on which the cancellation or suspension was made.

(3) The Board shall also, in respect of any entry, record such other particulars as may be required by this Act or as may from time to time be prescribed.

(4) The register shall be amended wherever a licence or certificate of approval is issued, renewed, or cancelled under this Act, or a licensee or holder of a certificate of approval is suspended.

(5) Licensees shall keep the Board updated at all times with information which the Board considers necessary for the purposes of maintaining the register and perform its supervisory functions under this Act.