Property Agents and Land Transactions Act 2016
14Annual report
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14 Annual report
(1) The Board is to, on or before 31 October after the end of each financial year, prepare and present to the Minister a report on its operations for that financial year.
(2) The report is to contain –
(a) the Board's audited statement of accounts prepared for the financial year; and
(b) details of the number of names the Board entered in the Register during the financial year; and
(c) a statement specifying the number and nature of complaints the Board received in respect of property agents during the financial year; and
(d) a statement specifying the manner in which the Board handled complaints during the financial year, setting out the number it dismissed, the number it dealt with itself, the number it referred to the Tribunal and the number outstanding at the end of the financial year both before the Board and the Tribunal; and
(e) [Section 14 Subsection (2) amended by No. 7 of 2025, s. 181, Applied:01 Jul 2025] a statement giving details of any disciplinary action the Board took against property agents during the financial year.
(f) [Section 14 Subsection (2) amended by No. 7 of 2025, s. 181, Applied:01 Jul 2025] . . . . . . . .
(3) The Board must include in the report any further information required by the Minister and may include any other information it considers appropriate.
(4) The Minister is to cause a copy of the Board’s report to be laid before each House of Parliament within one month of receiving it from the Board.