Welcome to our May report.
Please take special note of the final CPD payment and registration deadline as well as the new FICA registration process.
We have also included a memorandum on FICA for your perusal.
Multi Stakeholder Group (“MSG”)
The Multi Stakeholder Group was established to provide a platform for all stakeholders to engage meaningfully with the EAAB. The MSG meets regularly and we have found that this consultative approach is the best way to address the industry’s challenges with the EAAB and get positive results. We have already achieved some successes e.g. the granting of an extension for CPD payments to 31 May and the electronic issuing of FFCs.
At our recent meeting it was confirmed that the EAAB will be providing more CPD contact sessions around the country. We will let you know as soon as we receive the list of new dates and venues.
We take all our queries to this meeting to have resolved so please email us on firstname.lastname@example.org if you need any particular issues addressed.
Final CPD Payment
Please be reminded that the final deadline for CPD registration and payment is tomorrow, 31 May 2016. If you have not already done so, please make payment and complete your Personal Development Plan on your MyCPD portal. The EAAB will not grant a further extension and failure to comply could result in you not being issued with your FFC.
We believe there are still agents who have not completed their Personal Development Plans or made use of the catch up period to obtain their points for the 2015 CPD Cycle. Please go onto your MyCPD portal to ensure you are registered, your PDP plan is complete and your outstanding points uploaded.
FIC : New Registrations for Estate Agencies not Previously Registered with the FIC
Please peruse the notice below carefully in order to register with the Financial Intelligence Centre. Please remember that penalties for non-compliance are severe.
Estate Agents’ Duties under the Financial Intelligence Centre Act
Please find a noteworthy document prepared by firm of attorneys STBB on the Estate Agents duties in terms of FICA.
Sectional Titles Schemes Management Act, 2011 – Sectional Titles Schemes Management Regulations
The Minister of Human Settlements has under section 19 of the Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011), and after consultation with Parliament, published the regulations in a Schedule which you can find below.
Land Expropriation Bill
Parliament recently passed the Land Expropriation Bill. The bill will now be sent to the President to sign into law. You can find a copy of the bill below.
Following are the dates for the Professional Designation Examinations. To date venues have not been confirmed but you will be requested to select an area when you lodge your application on the website.
18 August 2016
17 November 2016
2 March 2017
Fidelity Fund Certificate Renewal Deadline
Fidelity Fund Certificates must be renewed by 31 October 2015.
We urge you to renew your FFC early to avoid bottlenecks in the EAAB system.
You are further advised to ensure that detail of the estate agency and that of the agent on your MyEAAB Agents Portal on the EAAB website is correct. Should you find any errors please advise the EAAB accordingly as discrepancies may delay the issuing of FFC’s.
Proof of renewal payments should be sent to email@example.com Please ONLY use your 7 digit EAAB Number as reference when making payment.
This serves as a further reminder that FFCs can be downloaded electronically from your agent portal on the EAAB website.
Rebosa’s AGM will take place on Friday 24 June, 2016 from 10h00 to 13h00 at the Southern Sun, OR Tambo International Airport, Johannesburg. The AGM is free to all rebosa members whose membership is in good standing.
Space is limited so booking is essential. Please RSVP to Adrianne on firstname.lastname@example.org
The Minister of Higher Education has appointed a new board for SAQA for the period 1 January 2016 to 31 December 2020. See notice for names of new board.
Appointment of SSETA CEO
Mr Andile Nongogo has been appointed as the new CEO of SSETA. See notice below.
If you have not already signed the REBOSA Equality Pledge, please access same on our website www.rebosa.co.za and complete the pledge electronically or scan the pledge below and email it back to us. Your support in this regard is enormously appreciated. It is hard to imagine why anyone would not sign the Pledge.