At its last sitting on 28 March, ahead of the May 8th elections, the National Council of Provinces (NCOP) considered and passed The Property Practitioners Bill. The “Bill” will now be sent to the President for assent.
Rebosa has been opposing certain clauses in the Bill that will have a detrimental effect on both industry and transformation. Unfortunately our commentary and numerous submissions, both written and verbal, were not taken into consideration when the “Bill” was finally passed. See an article from Rebosa’s CE, Jan le Roux below and visit Rebosa’s website under monthly reports to see the timeline of Rebosa’s submissions and objections since 2017.