In Industry News

The Portfolio Committee on Human Settlements (National Assembly) is mandated by the Constitution, amongst others, to conduct oversight over the Executive, pass legislation and conduct public participation on its legislative processes. The Speaker of the National Assembly, Hon Mbete referred the Property Practitioners Bill to the Committee for its consideration and reporting.  

The Bill seeks to provide for the regulation of property practitioners; to provide for the continuation of the Estate Agency Affairs Board as the Property Practitioners Regulatory Authority; to provide for the appointment of the members of the Board and matters incidental thereto; to provide for the appointment of the Chief Executive Officer and other staff members of the Authority; to provide for the establishment, appointment, powers and functions of the Property Practitioner’s Ombud Office; to provide for compliance with and enforcement of the provisions of the Act; to provide for the continuation of the Estate Agents Fidelity Fund as the Property Practitioners Fidelity Fund; to provide for consumer protection; to provide for the repeal of the Estate Agency Affairs Act, 1976; and to provide for matters connected therewith.

In exercising the public participation process, the Committee is scheduled to conduct stakeholder engagements with stakeholders in the property sector to get public comments on this piece of legislation. The stakeholder engagement is expected to be attended by an audience of approximately 150 individuals and or representatives from various stakeholder organisations within the property and built environment sectors, academics, researchers as well as municipal representatives. Stakeholders are encouraged to make written submissions to be presented to the Committee during the stakeholder engagement.

You are therefore, invited to attend and also extend this invitation to other
interested stakeholders to attend these stakeholder engagements scheduled as

Date: 18 September 2018
Time: 09:00
Venue: Cambridge Hall, East London

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