Cap. 615 Art. 7Effect of licence. 8 [

(1) No licensee shall exercise the activity of a property broker or of a real estate agent under any name unless the name has first been approved by the Board.

(2) An applicant for a licence, or a licensee, may at any time apply in writing to the Board to approve a name for the purposes of sub-article (1), which name shall not be approved if it considers that the name so nearly resembles the name of any other person, firm, or company exercising the activity as a licensed property broker or real estate agent in or outside Malta as to be likely to deceive, or that the name is that of any person, firm, or company.

(3) The Board shall issue an identity document to a licensee under this Act. The identity document shall contain a photograph of the licensee and such other information as the Board may deem necessary. This shall include, his name, the licence type, registration inter alia, number and term of validity. The identity document shall remain the property of the Board and shall be returned to the Board on the suspension or revocation of a licence issued under this Act.

(4) Every licensee who contravenes sub-article (1) or sub-article

(2) is liable to an administrative fine (multa) not exceeding twenty thousand euro (€20,000). CAP.615. PROPERTY CONSULTANT