APPLICATIONS BY NON-EXECUTIVE DIRECTORS OF AN ESTATE AGENCY COMPANY FOR THE GRANT OF AN EDUCATIONAL EXEMPTION
The fee payable to the Estate Agency Affairs Board during the 2016/2017 financial year for the consideration of an application for the grant of an educational exemption by a non-executive director of an estate agency company is the sum of R2 500,00.
If the applicant non-executive director is already a registered estate agent holding a valid fidelity fund certificate, such amount must be paid into the following bank account, namely:
Account name: Estate Agency Affairs Board
Account Number: 4052033310
Bank name: ABSA
Branch code: 632005
Reference: Applicant’s 7 digit reference number
If the applicant non-executive director, however, is not a registered estate agent such amount must be paid into the following bank account, namely:
Account name: Estate Agency Affairs Board
Account Number: 1790170535
Bank name: ABSA
Branch code: 632005
Reference: Applicant’s ID number
Upon receipt of the required documentation necessary for the educational exemption application, including proof of the payment of the assessment fee, the educational exemption application will immediately receive the further consideration of the EAAB.
The Education and Training Department
ESTATE AGENCY AFFAIRS BOARD
