Malaysia legislation
Section 19
of VALUERS, APPRAISERS AND ESTATE AGENTS (AMENDMENT) ACT 2017
Section 19
Section 22b of the principal Act is amended—
(a)
by renumbering the existing subsection (1a) as subsection (1b);
(b)
by inserting before subsection (1b) as renumbered the following subsection:
Valuers, Appraisers and Estate Agents (Amendment)
13
“(1a) A person undertakes estate agency practice if he acts as an agent, or holds himself out to the public or to any individual or firm as ready to act as an agent, for a commission, fee, reward or other consideration—
(a)
in respect of any sale or other disposal of land and buildings and of any interest therein;
(b)
in respect of any purchase or other acquisition of land and buildings and of any interest therein;
(c)
in respect of any leasing or letting of land and buildings and of any interest therein;
(d)
in making known of the availability of land, building, or any interest therein for such sale or disposal, purchase or acquisition, or leasing or letting referred to in paragraph (a), (b) or (c), as the case may be; and
(e)
in respect of any tenancy administration including rental collection, payment of outgoings, arrangement for minor repairs and handing over and taking over the possession of a property of any land and buildings and of any interest therein.”; and
(c)
in subsection (2)—
(i)
by substituting for the words “subsection (1a)”
the words “subsection (1b)”;
(ii)
in paragraph (a), by substituting for the words
“subsection (1a)” the words “subsection (1b)”;
and
(iii)
in paragraph (b), by substituting for the words
“subsection (1a)” the words “subsection (1b)”.
Amendment of section 22c