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Zambia legislation

Estate Agents Act, 2000

This section gives the Act its short title and says it starts on a date the Minister appoints by statutory instrument. This section defines key terms and explains when a person is, or is not, treated as carrying on…

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Jurisdiction
Zambia
Structure
47 provisions
Citation
Act 21 of 2000
Dates
As at 29 Dec 2000
More statute details
Dates
As at 29 Dec 2000

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01

Purpose and legislative effect

“This section gives the Act its short title and says it starts on a date the Minister appoints by statutory instrument.”

This section gives the Act its short title and says it starts on a date the Minister appoints by statutory instrument. This section defines key terms and explains when a person is, or is not, treated as carrying on business as an estate agent. The Zambia Institute of Estate Agents is established as a body corporate. The Council sets the Institute’s seal, the Registrar keeps it, and certain officials must authenticate its use; some contracts may be made without the seal. The Institute is given several functions over estate agents, including regulation, registration, education, and discipline.

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Short title and commencement

This section gives the Act its short title and says it starts on a date the Minister appoints by statutory instrument.

Section 1

Qualifications for registration as estate agent

A person can be registered as an estate agent only if they meet prescribed qualifications and are a member of the Institute, unless subsection (2) disqualifies them. Certain former Institute members are entitled to registration without further assurance.

Section 12

Client account

Estate agents must keep a separate client account, deposit client money into it without undue delay, and give clients account statements when asked or periodically.

Section 23

Audit of Fund

The Council must appoint an auditor for the Fund’s accounts and make sure the accounts are audited at least once each financial year.

Section 35

Establishment of Institute

A person at a Council meeting must disclose a direct interest promptly and must not join the discussion or vote unless the Council directs otherwise.

Section 3

04

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Source record from zambialii.org · As at 29 Dec 2000

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Showing 47 of 47 provisions

Provision 30Offence 7Commencement 4Interpretation 3
§ 1Short title and commencementShort title

This section gives the Act its short title and says it starts on a date the Minister appoints by statutory instrument.

1. This Act may be cited as the Estate Agents Act, 2000 and shall come into operation on such date as the Minister may, by statutory instrument, appoint. Short title and commence­ ment
Section 1Verify source
§ 2InterpretationInterpretation

This section defines key terms and explains when a person is, or is not, treated as carrying on business as an estate agent.

2. (1) In this Act, unless the context otherwise requires— Interpreta­ tion " Council" means the Council of the Zambia Institute of Estate Agents established under section eight; " estate agent" means a person who is registered as an estate agent under subsection (3) of section twelve or under section thirteen; 188 No. 21 of 2000] Estate Agents Cap. 119 " former Institute " means the Zambia Institute of Estate Agents registered as a society under the Societies Act; " Fund " means the Estate Agents Compensation Fund established under section twenty-nine; immovable property " includes any interest therein, but does not include a mine, a quarry or a mineral; " institute " means the Zambia Institute of Estate Agents established by section three; " Registrar " means the person appointed Registrar under section six. (2) For the purposes of this Act, to practice or carry on business as an estate agent means, subject to subsection (3), to do for payment or reward any of the following acts— (a) bringing together or taking steps to bring together the parties to a sale or lease or proposed sale or lease; or (b) negotiating the terms of a sale or lease or a proposed sale or lease, in the course of business in connection with immovable property belonging to another person. (3) For the purposes of this Act, the following persons shall not be regarded as practicing or carrying on business as an estate agent: (a) a person who does an act reffered to in subsection (2) in connection with immovable property belonging to that person or to that person's employer or which is to be purchased by that person's employer; (b) a person in the bona fide employment of an estate agent whilst that person is working under the direction and control of the estate agent; (c) an administrator or executor of the estate of a deceased person, in relation to that estate; (d) a trustee, liquidator or judicial manager whilst exercising any powers conferred upon that person by the law relating to insolvency; (e) the Sheriff and other officers, in the performance of their Cap. 37 functions under the Sheriffs Act; (f) a legal practitioner, an accountant or a valuation surveyor in the course of practising as such; (g) a public officer; Estate Agents [No. 21 of 2000 189 (h)a person employed by a bank or financial institution whilst carrying out the functions of the bank or financial institution; or (i) any other person who, or any category of persons which, the Minister may, by a statutory instrument declare as not being regarded as practising or carrying on business as an estate agent. PART II THE ZAMBIA INSTITUTE OF ESTATE AGENTS
Section 2Verify source

Part

PART II

§ 3Establishment of InstituteProvision

The Zambia Institute of Estate Agents is established as a body corporate.

3. There is hereby established the Zambia Institute of Estate Agents which shall be a body corporate with perpetual succession and a common seal, capable of suing and being sued in its corporate name and with power, subject to the provisions of this Act, to do all such acts and things as a body corporate may by law do or perform. Establishment of Institute
Section 3Verify source
§ 4Seal of InstituteProvision

The Council sets the Institute’s seal, the Registrar keeps it, and certain officials must authenticate its use; some contracts may be made without the seal.

4. (1) The seal of the Institute shall be such device as may be determined by the Council and shall be kept by the Registrar. Seal of Institute (2) The Council may use a wafer or rubber stamp in lieu of the seal. (3) The affixing of the seal shall be authenticated by the Chairperson or the Vice-Chairperson, and the Registrar or one other person authorised in that behalf by a resolution of the Council. (4) Any contract or instrument which, if entered into or executed by a person not being a body corporate, would not require to be under seal may be entered into or executed without seal on behalf of the Institute by the Registrar or any other person generally or specifically authorised in that behalf by the Institute.
Section 4Verify source
§ 5Functions of InstituteProvision

The Institute is given several functions over estate agents, including regulation, registration, education, and discipline.

5. The functions of the Institute shall be— (a) to promote and regulate the practice and business of estate Functions of Institute agents; (b) to promote and maintain best standards and practices in the business of estate agents; (c) to register members of the Institute and persons qualified to be registered as estate agents and to maintain a register for both; (d) to provide continuing education for its members; (e) to regulate the professional conduct and discipline of estate agents; and (f) to promote the general interests of estate agents. 190 No. 21 of 2000] Estate Agents Registrar and other employees
Section 5Verify source
§ 6Registrar and other employeesProvision

The Council must appoint a Registrar of Estate Agents and may appoint other necessary employees. The Registrar is the Chief Executive and manages the Institute’s day-to-day affairs under the Council’s directions.

6. (1) The Council shall appoint a Registrar of Estate Agents and such other employees as it considers necessary for the performance of the functions of the Institute. Membership of Institute (2) The Registrar shall be the Chief Executive of the Institute and shall be responsible for the day-to-day management and administration of the affairs of the Institute in accordance with the directions of the Council.
Section 6Verify source
§ 7Membership of InstituteCommencement

The Council must make rules for membership rights, obligations, and privileges, and certain existing members are entitled to join the new Institute in their existing class.

7. (l) The following persons shall be eligible for membership of the Institute: (a) a person registered as an estate agent under this Act; (b) any other person, not registered as an estate agent, who may be admitted to membership by the Council. (2) The Institute shall have the following classes of membership: (a) full membership; (b) associate membership; (c) student membership; and (d) honorary membership. (3) The Council shall make rules setting out the rights, obligations and privileges relating to each class of membership. (4) A person who, immediately before the commencement of this Act, is a member of the former Institute shall be entitled, without further assurance, to be a member of the Institute established by this Act and in the class of membership to which that person belongs. (5) An estate agent shall not be removed or suspended from membership of the Institute except upon the cancellation of the estate agent's registration or suspension from practice under section twenty-one. PART III THE COUNCIL OF THE ZAMBIA INSTITUTE OF ESTATE AGENTS Council of Institute
Section 7Verify source

Part

PART III

§ 8The Council of the InstituteProvision

This section establishes the Council of the Zambia Institute of Estate Agents and says who its members are.

8. (1) For the proper management of the affairs of the Institute, there is hereby established the Council of the Zambia Institute of Estate Agents which shall consist of the following members: (a) a Chairperson and a Vice-Chairperson, each elected by the members of the Institute from among the full members of the Institute; six estate agents elected by the members of the Institute from among the members of the Institute; Estate Agents [No. 21 of 2000 191 (c) one member elected by the members of the Institute from among classes of members of the Institute who are not registered as estate agents; and (d) a legal practitioner, whether or not a member of the Institute, appointed by the Minister.
Section 8Verify source
§ 2InterpretationInterpretation

The Council is the governing body of the Institute and may delegate its functions in writing to any person.

2. The Council shall be the governing body of the Institute with authority, in the name of the Institute, to perform the functions conferred on the Institute by this Act. (3) The Council may, either generally or in any particular case, delegate in writing to any person any of its functions under this Act. (4) The First Schedule shall apply to the proceedings and other matters of the Council. PART IV REGISTRATION OF ESTATE AGENTS
Section 2Verify source

Part

PART IV

§ 9Register of estate agentsProvision

The Registrar must keep a register of estate agents and enter the names, addresses, and any other particulars the Council directs.

9. The Registrar shall establish and maintain a register in which the Registrar shall enter the names, addresses and such other particulars of persons registered as estate agents as the Council may direct. Register of estate agents Powers of Registrar
Section 9Verify source
§ 10Powers of RegistrarProvision

The Registrar may alter, delete, or record details in the register for an estate agent in the situations stated here.

10. The Registrar shall have the following powers: (a) to alter the name, address or any other particulars of an estate agent entered in the register, if so requested by the estate agent concerned; (b) to delete from the register the name of an estate agent who has died or otherwise ceased to be an estate agent; and (c) to record in the register the suspension of an estate agent from practice.
Section 10Verify source
§ 11Application for registration as estate agentProvision

Anyone seeking registration as an estate agent must apply to the Registrar in the form set by the Council.

11. (1) A person who wishes to be registered as an estate agent shall apply for registration to the Registrar, in the form prescribed by the Council. (2) An application for registration shall be accompanied by — Application for registration as estate agent (a) a registration fee payable to the Institute; (b) a certificate of relevant qualifications; and (c) such other information as the Registrar may reasonably require for the purpose of determining the application. 192 No. 21 of 2000] Estate Agents Qualifications for registration as estate agent
Section 11Verify source
§ 12Qualifications for registration as estate agentCommencement

A person can be registered as an estate agent only if they meet prescribed qualifications and are a member of the Institute, unless subsection (2) disqualifies them. Certain former Institute members are entitled to registration without further assurance.

12. (1) Subject to subsection (2), a person shall be qualified to be registered as an estate agent if that person— (a) possesses such qualifications as the Minister may, on the recommendation of the Council, by statutory instrument, prescribe; and (b) is a member of the Institute. (2) A person shall not be qualified to be registered as an estate agent if that person— (a) has been convicted of an offence under this Act or an offence, under any other law, involving dishonesty; (b) has been adjudged or otherwise declared to be of unsound mind under any law in Zambia or elsewhere; or (c) is an undischarged bankrupt. (3) A member of the former Institute who, immediately before the commencement of this Act, is practising or carrying on business as an estate agent shall be entitled, without further assurance, to be registered as an estate agent. Procedure for registration
Section 12Verify source
§ 13Procedure for registrationProvision

The Registrar must send applications to the Council, the Council must consider them, and registration decisions must be communicated promptly.

13. (1) The Registrar shall refer every application submitted under section eleven, and any report that the Registrar may wish to make on the application, to the Council and the Council shall consider the application together with any such report. (2) The Registrar may, or if so directed by the Council shall, require a statement made in an application for registration or in connection with that application to be supported by an affidavit. (3) Where the Council decides that an applicant qualifies to be registered as an estate agent, the Council shall direct the Registrar, in writing, to register the applicant immediately as an estate agent. (4) The Registrar shall inform the applicant of the registration under subsection (3) within seven days of the registration. (5) Where the Council decides that an applicant does not qualify to be registered as an estate agent the Council shall, within seven days of that decision and in writing, inform the applicant of its decision and shall give reasons for the decision. Certificate of registration
Section 13Verify source
§ 14Certificate of registrationProvision

The Council must issue a registration certificate to a registered estate agent, and the registered person may use the title “Registered Estate Agent.”

14. (1) The Council, shall issue a certificate of registration to an estate agent registered under this Act. (2) A certificate of registration issued under subsection (1) shall take effect from the day it is issued and shall continue in force until the 31st of December next following the date of issue. Estate Agents [No. 21 of 2000 193 (3) A registration certificate may be renewed annually upon payment of such fees, and upon compliance with such other requirements, as may be prescribed by the Council. (4) A person registered as an estate agent shall be entitled to use the title " Registered Estate Agent".
Section 14Verify source
§ 15Publication of copies of registerProvision

Each year, the Registrar must publish copies of the register and all changes to it in the Gazette and in a daily newspaper with general circulation in Zambia.

15. The Registrar shall, once in each year, cause copies of the register and all alterations and additions to the register to be published in the Gazette and in a daily newspaper of general circulation in Zambia. Publication of copies of register
Section 15Verify source
§ 16Restrictions on practiceOffence

Estate agents may only practise in the allowed business forms, and registered estate agents may not work on their own unless they meet the age and training exception.

16. (1) An estate agent shall not practise or carry on business except as an individual or a firm under a business name registered under the Registration of Business Names Act. Restrictions on practice Cap. 389 (2) A person registered as an estate agent shall not practise or carry on business on that person's own account or without the direction and control of an estate agent practising or carrying on business on the estate agent's own account and who has practised or carried on business for five years or more, unless that person has— (a) attained the age of eighteen; and (b) completed a period of three years' of practical training, to the satisfaction of the Council, under the direction and control of the estate agent. (3) An estate agent who contravenes the provisions of subsection (1) or (2) commits an offence and, on conviction, is liable to the same penalties provided for in section thirty-eight. PART V PROFESSIONAL CONDUCT AND DISCIPLINE
Section 16Verify source

Part

PART V

§ 17Professional conductAmendment

An estate agent breaches professional conduct by doing anything prohibited in the Second Schedule. The Minister may amend the Second Schedule by statutory instrument, on the Council’s recommendation.

17. (1) An estate agent is in breach of professional conduct if the estate agent does any act prohibited under the Second Schedule. Professional conduct (2) The Minister may, on the recommendation of the Council, by statutory instrument, amend the Second Schedule.
Section 17Verify source
§ 18Disciplinary CommitteeProvision

The Council must establish a Disciplinary Committee and appoint its members for up to two years.

18. (1) The Council shall establish a Disciplinary Committee consisting of the following members, each appointed by the Council for a period not exceeding two years: Disciplinary Committee (a) a Chairperson; (b) a Vice-Chairperson; (c) a legal practitioner; and (d) five other persons. 194 No. 21 of 2000] Estate Agents Functions of Disciplinary Committee Powers of Disciplinary Committee (2) The members of the disciplinary Committee referred to in paragraphs (a), (b) and (d) shall be appointed from among persons registered as estate agents. (3) Five members of the Disciplinary Committee shall constitute a quorum. (4) The Disciplinary Committee shall, subject to any directions of the Council, regulate its own procedure.
Section 18Verify source
§ 19Functions of Disciplinary CommitteeProvision

The Disciplinary Committee must hear and determine complaints brought by any person against an estate agent about that agent’s practice.

19. The functions of the Disciplinary Committee shall be to hear and determine complaints brought before it by any person against an estate agent in relation to the estate agent's practice.
Section 19Verify source
§ 20Powers of Disciplinary CommitteeOffence

The Disciplinary Committee may gather evidence, administer oaths, and inspect or question people and records for an inquiry. A summoned person who does not comply without sufficient cause commits an offence and can be fined or jailed.

20. (1) The Disciplinary Committee may, for the purposes of any inquiry hear and receive evidence and may administer oaths. (2) For the purposes of carrying out its functions, the Committee may— (a) enter and inspect any premises relevant to a complaint under section nineteen; (b) question any person employed by the estate agent or who is on the premises of the estate agent; (c) inspect, make copies of, take extracts from any books, records or other documents relevant to the complaint. (3) A person summoned to appear before the Disciplinary Committee who, without sufficient cause— (a) refuses or fails to attend at the time and place specified in the summons or, having attended, absents oneself from proceedings without the permission of the Committee; (b) having attended refuses to be sworn or to affirm; (c) refuses, without lawful excuse, to answer to the best of that person's knowledge any question lawfully put to him; or (d) refuses to produce any book, record or document which that person has been required by summons to produce. commits an offence and is liable, on conviction, to a fine not exceeding four hundred penalty units or to imprisonment not exceeding three months or to both. (4) A person summoned before the Committee shall not be compelled to answer any question or to produce any book, record, document or thing which that person would not be compelled to answer or produce in proceedings before a court. Estate Agents [No. 21 of 2000 195
Section 20Verify source
§ 21Disciplinary penalties, etcOffence

A disciplinary committee may sanction an estate agent found in breach of professional conduct, including caution, fine, suspension, cancellation of registration, or other appropriate orders.

21. (1) If the Disciplinary Committee finds an estate agent in breach of professional conduct, it may do any one or more of the following: Disciplinary penalties, etc. (a) caution or censure that estate agent; (b) order the estate agent to pay a disciplinary fine, to the Institute, not exceeding six thousand penalty units; (c) suspend the estate agent from practice for such period as it may determine; (d) cancel the registration of the estate agent; or (e) make such order as it considers appropriate; and may order the estate agent to pay to the institute any costs connected with or incidental to the disciplinary proceedings. (2) An estate agent whose registration is cancelled or who is suspended from practice shall surrender the certificate of registration to the Registrar. (3) The Registrar shall, upon the cancellation of the registration, or the suspension from practice, of an estate agent, publish a notice of the cancellation or suspension in the Gazette. (4) The Disciplinary Committee shall, as soon as possible after the conclusion of each disciplinary case, submit a report to the Council. PART VI MANAGEMENT OF CLIENTS' MONEYS
Section 21Verify source

Part

PART VI

§ 22Meaning of "client"Provision

In this Part, “client” includes any person for whom an estate agent receives or holds money in the course of business.

22. In this Part," client" includes any person on whose behalf an estate agent receives or holds money in the course of business. Meaning of " client"
Section 22Verify source
§ 23Client accountProvision

Estate agents must keep a separate client account, deposit client money into it without undue delay, and give clients account statements when asked or periodically.

23. (1) An estate agent shall open and maintain an account, designated as a " client account", with a bank or financial institution in which the estate agent shall, subject to sections twenty-four and twenty-five, deposit all moneys received from, or on behalf of, clients. Client account (2) The client account shall be in the name of the estate agent but shall be maintained separately from any other account of the estate agent. (3) An estate agent shall deposit, without undue delay, all moneys payable into the client account under subsection (1). 196 No. 21 of 2000] Estate Agents Money to be deposited into client account (4) Except as otherwise provided in this Act, any interest or other benefit accruing to the moneys held in the client account on behalf of a client shall be for the benefit of the client. (5) An estate agent shall, periodically or on the request of a client, provide the client with a statement of account relating to the money which the estate agent receives or holds on behalf of the client.
Section 23Verify source
§ 24Money to be paid into client accountProvision

An estate agent must deposit specified money and certain cheques or drafts into a client account.

24. An estate agent shall deposit the following into a client account: (a) money held or received on account of a client; (b) such money belonging to the estate agent as may be necessary for the purpose of opening or maintaining the account; and (c) a cheque or draft received by the estate agent representing in part money belonging to the client and in part due to the estate agent pending, the division of the proceeds. Money which not need be deposited into client account Withdrawing of money from client account
Section 24Verify source
§ 25Money which need not be paid into client accountProvision

Some money does not have to be paid into a client account if it is paid to an estate agent for fees or if the Council authorises it to be withheld.

25. Subsection (1) of section twenty-three, section twenty-four and section twenty-six shall not apply to money which— (a) is paid to an estate agent expressly on account of fees; or (b) the Council, upon an application made to it in writing by an estate agent, specifically authorises to be withheld from a client account
Section 25Verify source
§ 26Withdrawing of money from client accountProvision

An estate agent must not take money from a client account except for permitted client-related payments or a debt owed to the agent by the client.

26. (1) An estate agent shall not draw any money from a client account other than money properly required for— (a) a payment to, or on behalf of, a client; (b) the payment of a debt due to the estate agent from a client: Provided that the money so drawn shall not in any case exceed the total of the money so held for the time being for the client concerned. Regulations for management of clients' moneys
Section 26Verify source
§ 27Regulations for management of clients' moneysOffence

The Minister may make regulations, on the Council’s recommendation, about how estate agents must manage clients’ money.

27. (1) The Minister may, on the recommendation of the Council, by statutory instrument, make Regulations for the proper management of moneys received by estate agents from, or on behalf of, their clients. (2) Regulations made under subsection (1) may provide, in respect of their contravention, for penalties of fines not exceeding one hundred thousand penalty units or imprisonment for a period not exceeding three years or both. Estate Agents [No. 21 of 2000 197
Section 27Verify source
§ 28Segregation of account books and accountsProvision

An estate agent must keep accounting records that clearly separate client money from the agent’s own money.

28. An estate agent shall keep books of account and accounts in such a manner as to show and distinguish between— (a) the money received from, paid to, or on account of each of the estate agent's clients; and (b) the moneys received or paid on the estate agent's own Segregation of account books and accounts account. PART VII ESTATE AGENTS COMPENSATION FUND
Section 28Verify source

Part

PART VII

§ 29Compensation FundProvision

The Council must establish and administer the Estate Agents Compensation Fund, and estate agents must pay prescribed contributions into it on registration and afterward.

29. (1) The Council shall establish and administer a fund to be known as the Estate Agents Compensation Fund. Compensation Fund (2) The purpose of the Fund shall be to constitute a scheme for the payment of claims for compensation by person who suffer loss caused by estate agents, their agents or employees in the course of the business of estate agents. (3) An estate agent shall, on registration and thereafter, pay into the fund such contributions at such intervals as may be prescribed by the Council.
Section 29Verify source
§ 30Compensation Fund certificatesOffence

The Council must issue a Compensation Fund certificate to an estate agent who meets the section 29(3) condition, and an estate agent may not practise without a valid certificate.

30. (1) The Council shall issue a Compensation Fund certificate to an estate agent who complies with subsection (3) of section twenty-nine. Compensation Fund Certificates (2) An estate agents shall not practise or carry on business as an estate agent unless the estate agent is in possession of a valid Compensation Fund Certificate. (3) An estate agent who contravenes subsection (2) commits an offence and, on conviction, is liable to the same penalties provided for in section thirty-eight.
Section 30Verify source
§ 31Insurance of FundProvision

The Council must insure the Fund with an insurer registered under the Insurance Act.

31. The Council shall insure the Fund with an insurer registered under the Insurance Act in order to provide for indemnity to the Fund against the making of grants under this Part.
Section 31Verify source
§ 32Moneys of FundProvision

The Fund is made up of money from estate agent contributions, investments, borrowing, insurance under section 31, and any other payments or accruals.

32. (1) The Fund shall consist of such moneys as may— (a) be paid into the Fund as contributions by estate agents; Insurance of Fund Act No. 27 of 1997 Moneys of Fund (b) accrue from any investments of the Fund; (c) be borrowed for purposes of the Fund; (d) be received by the Fund from the insurance referred to in section thirty-one; and (e) be paid, vest in, or accrue to, the Fund in any other manner. 198 No. 21 of 2000] Estate Agents Grant out of Fund
Section 32Verify source
§ 33Grant out of FundProvision

A person who lost certain money or property because of an estate agent may apply to the Council for a grant from the Fund, and the Council must make the grant if satisfied the loss occurred.

33. (1) Where a person has suffered loss of— (a) any moneys or other property held in trust for that person by the estate agent, or by the agent or employee of the estate agent; (b) any moneys collected or received and payable on account of a contract of sale or purchase; or (c) any other moneys collected or received in respect of the interest in immovable property or any business undertaking, caused by an estate agent or by an agent or employee of the estate agent, that person may make an application to the Council for a grant out of the Fund to make good the loss. (2) Where the Council is satisfied that the person making the application under subsection (1), for compensation has suffered loss, the Council shall, subject to the provisions of this Part, make a grant out of the Fund to that person. (3) A grant may be made under this section notwithstanding that after the commission of the act giving rise to the claim— (a) the estate agent has died or ceased to practise; or (b) the registration of the estate agent has been cancelled or the estate agent has been suspended from practice. Rules of Fund Audit of Fund
Section 33Verify source
§ 34Rules of FundProvision

The Minister may make Rules for managing and administering the Fund, if recommended by the Council and done by statutory instrument.

34. The Minister may, on the recommendation of the Council and by statutory instrument, make Rules for the management and administration of the Fund.
Section 34Verify source
§ 35Audit of FundOffence

The Council must appoint an auditor for the Fund’s accounts and make sure the accounts are audited at least once each financial year.

35. The Council shall appoint an auditor to audit the accounts of the Fund and shall ensure that the accounts are audited once or more times in each financial year of the Institute. P A RT VIII OFFENCES AND PENALTIES
Section 35Verify source
§ 36Prohibition of practicing without registration or while onProvision

People who are unregistered estate agents, or estate agents under suspension, must not practise, hold themselves out as estate agents, use similar titles, or do anything likely to make others think they are estate agents.

36. A person who is not registered as an estate agent or an estate Prohibiting of practising agent who is on suspension from practice shall not— without registration or while on suspension estate agent; (a) practice or offer to practise as, or hold oneself out to be, an (b) adopt, use or exhibit the title " estate agent" or any other similar title; or (c) do anything likely to lead other person to infer that that person is an estate agent. Estate Agents [No. 21 of 2000 199
Section 36Verify source
§ 37Prohibition of registration through fraud, etcProvision

A person must not procure registration for themself or another person by fraud, misrepresentation, or concealment of a material fact.

37. A person shall not procure registration for oneself or for another person by means of fraud, misrepresentation or concealment of any material fact. Prohibition of registration through fraud, etc.
Section 37Verify source
§ 38Penalties for offencesOffence

A person who contravenes any provision of this Part commits an offence and may be fined up to 200,000 penalty units, imprisoned for up to 4 years, or both, if convicted.

38. A person who contravenes any of the provisions of this Part commits an offence and, on conviction, is liable to a fine not exceeding two hundred thousand penalty units or to imprisonment for a term not exceeding four years or to both. Penalties for offences PART IX MISCELLANEOUS
Section 38Verify source

Part

PART IX

§ 39Fees and charges for servicesProvision

The Minister may prescribe fees and other charges for services provided by estate agents, if recommended by the Council and made by statutory instrument.

39. The Minister may, on the recommendation of the Council, by statutory instrument, prescribe fees and other charges for services to be rendered by estate agents. Fees and charges for services
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§ 40Submission of annual report to MinisterProvision

The Chairman of the Council must give the Minister the Institute’s annual report and audited accounts within six months after each financial year ends. The Minister may also require the Council to report on the Institute’s activities or other estate-agency business matters.

40. (1) The Chairman of the Council shall, within six months after the end of each financial year of the Institute, submit to the Minister a copy of the annual report of the Institute for that financial year and an audited statement of its accounts. Submission of annual reports to Minister (2) The Minister may, at any time, require the Council to make a report to the Minister regarding the activities of the Institute or any other matter relating to the business of estate agents.
Section 40Verify source
§ 41Dissolution, vesting of assets and li abilities of former InstituteCommencement

When this Act commences, the former Institute is dissolved, its assets and liabilities pass to the new Institute, and pending proceedings may continue against or by the new Institute.

41. (1) On the commencement of this Act— (a) the former Institute shall be dissolved and cease to be a society registered under the Societies Act; (b) all assets, rights, liabilities and obligations of the former Institute shall vest in the Institute established by this Act; and (c)all pending proceedings by or against the former Institute may be continued by or against the Institute established by this Act. (2) Notwithstanding the dissolution of the former Institute by paragraph (a) of subsection (1), the Council of the former Institute shall continue in existence until a Council is constituted under section eight. Dissolution, vesting of assets and liabilities of former Institute and continuation of proceedings Cap. 119
Section 41Verify source
§ 42AppealsProvision

An aggrieved estate agent or Institute member may appeal to the High Court within 30 days after notification of the decision.

42. An estate agent or a member of the Institute aggrieved by the decision of the Council or of the Disciplinary Committee may, within thirty days of the notification of the decision to that person, appeal to the High Court. Appeals
Section 42Verify source
§ 43RegulationsProvision

The Minister may make regulations by statutory instrument for this Act.

43. TheMinistermay,by statutory instrument make Regulations Regulations for the purposes of this Act. 200 No. 21 of 2000] Estate Agents F I R ST S C H E D U LE (Section 8) THE COUNCIL OF THE INSTITUTE OF ESTATE AGENTS Tenure of office and vacancies
Section 43Verify source
§ 1Short title and commencementShort title

Council members serve for three years, may be re-elected or reappointed for another three years, and may stay on briefly until a successor is elected.

1. (1) A member of the Council shall hold office for three year' and may be re-elected or reappointed for a further period of three years. (2) Upon the expiration of the term for which a member is elected or appointed, the member shall continue to hold office until a successor has been elected, but in no case shall any extension of one term exceed three months. (3) The office of a member shall become vacant— (a) upon the member's death; (b) if the member is adjudged or otherwise declared bankrupt; (c) if the member is adjudged or otherwise declared to be of unsound mind under any law in Zambia or elsewhere; (d) if the member is absent, without prior approval of the Council from three consecutive meetings of the Council of which due notice was given to the member; (e) upon the expiry of not less than one month's notice, in writing, of that member's intention to resign given by the member to the Chairperson; or (f) if such circumstances arise that, if the person were not a member, would disqualify that person from being elected or appointed a member. Proceedings of Council
Section 1Verify source
§ 2InterpretationInterpretation

This section sets how the Council meets, votes, keeps minutes, and who presides at meetings.

2. (1) The Council shall, for the transaction of business, meet once or more times in every calendar year at such places and at such times as the Chairperson may determine. (2) Five members shall constitute a quorum. (3) Subject to subparagraph (1) the Chairperson shall, upon giving notice of not less than fourteen days, call a special meeting of the Council if not less than five members so request in writing. (4) If the urgency of any particular matter does not permit the giving of the notice referred to in subparagraph (3), a special meeting may be called upon giving shorter notice. (5) There shall preside at a meeting of the Council the Chairperson or, in the absence of the Chairperson, the Vice-Chairperson or, in the absence of both the Chairperson and the Vice-Chairperson, such member as the members present may elect for the purpose of that meeting. Estate Agents [No. 21 of 2000 201 (6) A decision of the Council on any question shall be by a majority of the members present and voting at the meeting, and in the event of an equality of votes the person presiding at the meeting shall have a casting vote in addition to that person's deliberative vote. (7) The Council may invite any person whose presence is in its opinion desirable, to attend and participate in the deliberations of a meeting of the Council, but that person shall have no vote. (8) The validity of any proceedings, act or decision of the Council shall not be affected by any vacancy in the membership of the Council or by any defect in the appointment of any member. (9) The Council shall cause minutes to be kept of the proceedings of every meeting of the Council and of every meeting of any committee established by the Council.
Section 2Verify source
§ 3Establishment of InstituteCommencement

A person at a Council meeting must disclose a direct interest promptly and must not join the discussion or vote unless the Council directs otherwise.

3. (1) If a person is present at a meeting of the Council at which Disclosure of interest any matter in which that person or that person's spouse is directly interested, the person shall, as soon as practicable after the commencement of the meeting, disclose that interest and shall not, unless the Council otherwise directs, take part in any consideration or discussion of, or vote on, any question touching that matter. (2) A disclosure of interest made under subparagraph (1) shall be recorded in the minutes of the meeting at which it is made. (3) Subject to the other provisions of this Act, the Council may regulate its own procedure. SECOND SCHEDULE - (Section 17) ACTS CONSTITUTING PROFESSIONAL MISCONDUCT (1) An estate agent is in breach of professional conduct if, in the course of practice as an estate agent, the estate agent— (a) contravenes any provision of this Act or is convicted of an offence under this Act or of an offence, under any other law, involving dishonesty; (b) wilfully or negligently misleads, or makes misrepresentations to, a client with regard to any matter pertaining to, immovable property; (c) having a client's mandate to arrange for the sale or lease of immovable property, purchases or leases the property for the estate agent's own benefit without the knowledge or consent of the client; 202 No. 21 of 2000] Estate Agents (d) sells or leases immovable property in which the estate agent has a direct or indirect interest, without informing the purchaser or lessee of that interest; (e) pays or offers to pay, directly or indirectly, any consideration to any party to secure business; (f) uses any confidential information obtained from another estate agent concerning immovable property to the prejudice of such other estate agent; (g) wilfully or negligently fails to perform duties normally performed by an estate agent with such degree of care and skill as in the opinion of the Disciplinary Committee may reasonably be expected; (h) charges, for professional work, fees or other charges other than on the scale prescribed under this Act; (i) unlawfully discloses or uses to the estate agent's advantage any information acquired in the course of professional engagement with clients; (j) certifies or submits in the estate agent's name or in the name of the estate agent's firm a report or document which has not been made by the estate agent, the estate agent's partner or an estate agent employed by the first-mentioned estate agent. (2) An estate agent is in breach of professional conduct if the estate agent does any act which is likely to bring the practice, the Institute or the Council into disgrace, contempt or disrepute.
Section 3Verify source

Legislative relationships

5 referenced instruments

Names are derived from the stored provision headings and citation-enrichment layer. Treat this as a research index and verify each relationship against the source text.

A–F

4 instruments

  • Business Names Act

    Section 16

  • Estate Agents registered as a society under the Societies Act

    Section 2

  • Fund Act

    Section 32

  • Fund The Council must insure the Fund with an insurer registered under the Insurance Act

    Section 31

G–M

1 instrument

  • Institute established by this Act

    Section 7

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1 version available in this collection

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  • 29 Dec 2000 · currentEnglish

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Statute information is organised from identified legislative sources for professional research. Corrections can be reported to hello@esheria.ai.