172Savings and transitional provisions

172 Savings and transitional provisions

(1)  In this section –

commencement day means the day on which section 3 of this Act commences;

former Register means the Register of Property Agents maintained by the Board before the commencement day under section 56 of the repealed Act.

(2)  Where an application for registration or for the renewal of registration has been made under the repealed Act but has not been determined before the commencement day, the application is to be dealt with and determined by the Board as if the application had been made for a licence or for the renewal of a licence under this Act, and this Act is to apply to the application accordingly.

(3)  A reference to –

(a) Part 1 of the Register in section 25(a) is taken to include a reference to Part 1 of the former Register; and

(b) Part 2 of the Register in section 26(a) is taken to include a reference to Part 2 of the former Register; and

(c) Part 3 of the Register in section 27(a) is taken to include a reference to Part 3 of the former Register; and

(d) a property manager in section 25(b)(ii) is taken to include a reference to a property manager under the repealed Act; and

(e) a property representative in section 25(b)(ii) is taken to include a reference to –

(i) [Section 172 Subsection (3) amended by No. 40 of 2020, s. 24, Applied:04 May 2022] .  .  .  .  .  .  .  .  

(ii) a property consultant under the repealed Act.

(4)  The following matters cease to have effect on the commencement day:

(a) registration as a property agent under Part 4 of the repealed Act;

(b) a licence issued under section 62 of the repealed Act;