Advanced Search

Estate Agents Amendment Act


Published: 1984-04-18

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Estate Agents Amendment Act
S_TAATSKOERANT'-· .. ..
VAN DIE REPUBLIEK VAN SUID-AFRIKA
.. - REPUBLIC,OF SOUrH.AFRICA
As 'n Nuusblad by die Poskantoor Geregistreer Registered at the Post Office as a Newspaper
;. · ....
VoL. 226 . ' J·' ·.• ·
: PRYS (A VB ingeslilit 30~ PRICE (GST i~cluded) , BUITELANDS _40c.ABROAD.
. POSVRY ~ POST Fitl:E . - . -' . ,. ,._ ., ; ... ,. --.
. . . . • . • i ;: : : ; ' .. ·- . ~ . . ~ . . · - · KAAPSTAD, 18 APRIL 1984
• , I . ~ : ) . )
· CAPETOWN, 18 APRIL 1984
I · . , ; . 1 ·-
' · . ,
No. 9184
KANTOOR VAN DIE EERSTE MINISTER '' OFFICE OF THE PRIME MINISTER ;_._. ·
. ••. •. • • • . ..... • ... .... . .. . .J-. -· ·· . •
·.• ~ . .
No. 752. -18 April1984 No. 752. 18 April1984 > ' • j ,;I,,• ' ' " • ' f •
Hierby word bekend gemaak dat die Staats president sy - ' ' It is hereby notified that the State President has
i dkeuring geheg bet aan die onde_ rstaande Wet wat assented to the following Act which is hereby published rby ter algemene inligting gep:ublis~er word:- _-· : -· for general information:-
. ; . . . . . . . .. •. . . _,. . ' ~ : . .. ~ . 51 vanl984: Wysigingswet op Eiendomsagente, No. 51 of 1984: Estate Agents Amendment Act, 1984.
- 1984.
Please note that most Acts are published in English and another South African official language. Currently we only have capacity to publish the English versions. This means that this document will only contain even numbered pages as the other language is printed
on uneven numbered pages.
GOVERNMENT GAZETIE, 18 APRIL 1984 No. 9184 · 3
· ESTATEAGENTSAMENDMENT ACT,-1984. Act No. 51, 1984
GENERAL EXPLANATORY NOTE: ·-., ,, . -:,) [ • · . · ] ·Words· in bold type in square brackets indicate omissions from
existing enactments. · · · ·
-------- . ':. word~ u~deriined with ~solid line indicate insertio~s in existing ; ' • ' e • • • . enactments. . l ' ,. . .
,I j'
.il t.:- .- .. : ..
;: .
'l , '· . ~ · ..
' ' . - ,• To amend the· provisions of the Estate Agents Act,.l976, regard·
·. "ing definitimis; to further regtilate ,the constitution of the Es· . . tate Agents Board; to delete the requirement that in the de·
termination of.the remuneration and allowances of members of the ·said board who are not in the fuU-time employ of the State, the Minister of Finance is to he· 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 discipli~ nary committees;' to provide for the recovery by the board of certain costs' froni estate··agents; to further regulate the ap· plication of moneys in the Estate Agents. Fidelity Fund; to ex· tend 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 re- garding 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 therewi~h.. · · · · · ... . ·; . ·
(English text signed by the State President.) (Assented to 30 March.J984.)
BE rr ENActED _by thb St~te .President and .. the' Hou~~ of Assefi!bly ofthe Republic of South Africa, as follow~:~
. i Secti~n 1. ~f the' Est'ate Agents Act: 1976 (herei~aft~r' refer- red to as the principal Act), · is hereby amended-' . . · , . ·
5 (a) by the substitution for the aefinition of ."board" of the
10 . .. ~-·
'15
. ;,
following definition: . . . . . · . , , . · · . "'board' means the . Estate Agents Board established
under section 2, and. includes, for the purposes of subsections (2) and. 3 of sect10n;30, and section
' ' 32 (7) (a) (ii) iri so far as it relates to the said sub- . '· sections, any disciplinary committee of the board
·acting pursuant to and in accordance with the pro~ ' visions of section 8B;"; · ' ·
·(b) by the addition in the defi1;1ition ·or "estate agent" be- fore the proviso of the following paragraph:· ·
:. "(e)' for·the purposes of section 30 (2); (3), (4) and (5) · · ; . , . . and ofregulations ~ade under section 33 1 (h),
includes any person who was an ·estate agent at the time when he was .. guilty .of any act or omission which. allegedly cO'nstitutes improper ; conduct re-20
' 25
. ferred to in section 30:"; and .. . . (c) by the insertion after the definition of "fund" of the
following definition: . - . . ~. . : · ·. . . .· "'immovable property' includes-· ., ' ·
(a) any unit as defined in section 1 of. the Section- ' at .Titles Act, 1971 (Act No: 66 of 1971), and
· · ' anY proposed unit;
.. ·
Anlendme~t of section 1 of Act 112 of 1976, as amended by · section 1 of Act 60 of 1978, section 1 of Act 57 of 1980 and section 1 of Act 53 of 1982.
GOVERNMENTGAZETIE,18 APRIL 1984 No. 9184 5
:. ESTATE AGENTS AMENDMENT ACf, 1984 -· Act No. 51, 1984
.. _.,
(b)· any.rightto claim transfer of immovable prop- .. . , erty; . .'. . · · ·. . ." , .: .. i;• ... ·. - . ·
· ·. . (c) .. , any undivided sharejri immovable' property; _
5, (d) . any~_ interest in', immovable property' other
'" , . than a right or interest registered. or capable I ;; - . : , , J of; .~eing . registered under th~ Mining Titles .
RegtstratlonAct, 1967 (Act No: 16 of 1967); . . . • (e) any .share in a private 'company referred to in
10 .- ! ·.
, the. Companies Act; 1973 (Act No. 61 of 1973),: the whole .or the .inajor portion of whose ass~ts consists of immovable property;
15
(f) any share m a share block company as defined ·in section, 1 of the Share Blocks, Control Act, ',1980 (Act No. 59'o( 1980), and any proposed share· ·· · · · · · · · ·
• .. :. " ':: ' (g) any dme-sharing iriterest.as oefined in section 1 of the Property Time-Sharing Control Act, 1983 (Act No~· 75'of 1983),;and any proposed
t
~- ~. . time .. sharing interest;'_'~. '· ·
·. 25 3. The following section i~' hereby sub~tituted for section 5 of Substitution of the principal Ad: . . • . · _- . . · · · ·. ·section 5 of
. , · .. ·' , · , , :.·.-. ·- ·· . • :·•· Act112of1976. ,, .• ·:Remunera- ·· . 5. Any member of the board who is not in 'the full- · · ·· · : .:,·
. · ~~~~~53~{ time employ of !he State, ~~all · be _J?aid ·out of the ' ': : · ,' ~ ~- '., ' · · members of funds of the board -·such· remuneration and allow- ,. .
. 30 board. , ... · ances as may be determined froin time to time gener· . , ,, - · . · • , .. 1 ;_.ally_ or in any particular c~se by t~e Minister [in con-
.. · sultation with the Minister o(_Finance].''. · · • . - • .• • l ~ .• · •
• i.;t.' . , . :~·. · · 41~' Sectio~: ·6 · 6f the pfin~ip-al Act ·i~ :he-reby 'an\·ended by the Amendment ~f .· substit~.tion_ for subsect!m~ (1) .of ~he followin& sub$ect_ion.:. _ · ~~~u 6
0 1f1976,
35 .. : . . (1) :~.'he work tnctdental to the ~a,rry~ng ~u~ of !ts. f'!nc- as substituted by· ' ' ; ' ttons bythe bpard shall be performed under tts dtrecttons section 2 of .· .. '·. · . and contr~l by· persons' appointed by the' board on such con- Act 57 of 1980.
: ditions' and at' such remuneration as the [Minister may in . : ' : . consultation with· the Minister of' Finance approve] board
40 , maY determine.". . . . . - ',''. ' . . t n· .
. -. ' ~ . . .. ... . . . ~ ' S. The .following section is 'hereby inserted in the principal Act Inse_rtion o! .
after section 8A: · · : · . · ·' sectJ.on BB m .: · . . · . . . · · Act 112 of 1976
"Disciplinary 88. 1 The board may· from time to time appoint · ·. . ~ co~tt.e~s- .' such number of disciplinary commtttees as tt eems .
45 ; .: . · · _ :: fit; :each .consisting of. at least ~hree members; from
· t . ·• 50 . .
· amongstltsnieinbers .. : ,, ·. · '.' ... ·• ·· ... . : , , : .. (2) A disciplinary committee may exercise or per-
..... form any power or function which is granted or en- _ trusted to ,the board by ~ subse'ction_s (2) and (3) of section 30. '- -- - . ' . 0 0 • ., • ' · '. '(3rThe provisions· of-section '4 (5) and (6) shall, ·subject .to subseCtion (5) ·of this section; apply muta-
, . • .. I tis' mutandis in feSpeCt Of a disCiplinary COmmittee. . . ....... '.(4) The board_may, subject tto the provisions of
55 . . • · this section, alter the constitution of any disciplinary ... ..
60
, .' .· .. , .
· · · ·cammittee before·· the · committee . has ; commenced with an investigation contemplated in section 30 (2).
,. . • . . . (5) If a vacancy occurs .on a disciplinary committee after the committee has 'commericed 'with 'an investi- gation, the investigation' may be proceeded ,with be- fore at. least two members . of' the. committee, )but i . ~ ~- . . . . . l• •. I
·, .. , • ~ '•' ; • z , _
• ... ,.. ·l'
,,.·
... ..
£:.1. I: ;.,, . . . ·.,·.
· GOVERNMENT GAZETIE, 18 APRIL 1984 No. 9184 7
10
15
·.- ;
··ESTATE AGENTS AMENDMENT ACf, 1984 1
· only two serving members remain; they may take any · · ·" decision