The Property Practitioners Bill is intended to replace and repeal the outdated Estate Agency Affairs Act of 112 of 1976. This new Bill is intended to govern “property practitioners”, which includes – amongst many others – estate agents (being the only ones currently regulated by the 1976 Act). The definition of “property practitioners” is extensive and will regulate not only all estate agents, but also extend regulations to all property practitioners, including managing agents, business (property) brokers and providers of bridging finance, as well as bond brokers and marketers. In fact, it is hard to find anyone in SA that is not included in this definition!
The Property Practitioners Bill 2018 was first published and introduced to the National Assembly on 14 June 2018 and was passed by the National Assembly on 4 December 2018. It has since been passed by the National Council of Provinces on 28 March 2019 and has been sent to the President for assent.
One of the primary purposes of the Property Practitioners Bill is to transform the property market, allowing for the inclusion of historically disadvantaged individuals through the provision of grants for several purposes.
This webinar is based on the Bill in its current 2019 form as amended and approved, with detailed references to the extant 2018 Property Practitioners Bills. During this webinar you will receive summaries and brief outlines of the 2 Property Practitioners Bills, and learn who is defined as a "property practitioner", which will enable you to advise your client base accordingly-should this new legislation be applicable to them.
Join technical expert Lettie Janse van Vuuren CA(SA), RA on 20 June 2019, as she breaks down the original 2018 and updated 2019 versions of the Property Practitioners Bill.
By the end of this webinar the participant should be aware of the requirements applicable to clients of accountants, auditors and tax practitioners with regard to:
The following topics will be covered in detail during the event:
Frequently Asked Questions on the 2018 Property Practitioners Bill
Obtaining your CPD certificate
Attendance of this 2-hour seminar/webinar series will accrue 2 CPD hours for members of a relevant professional body. The SAAA CPD policy is compliant with the IFAC IES7 and is recognised, amongst others, by SAICA, AAT, SAIPA, SAIBA, ACCA, IAC, CIS, ICBA, LSSA, FPI, the IBA and others.
Who should attend
The following persons involved with “property practitioners” will benefit from attending this webinar:
Professional and practice support staff involved in audits, independent reviews, compilations, assurance engagements, accounting, taxation and other relevant non-assurance engagements.
By attending this webinar, you will be provided with:
R 475.00 - Online admission - Individual.
R 950.00 - Online admission - Company.
Steps to register for the event
Find out more about the benefits of being a CPD subscriber and attend this event for free - Click here.
The following venues and dates are available for this event.