Section 7
Section 10 of the principal Act is amended—
of Valuers, Appraisers and Estate Agents (Amendment) Act 2017
(a)
in paragraph (a), by substituting for the words “a Register of Valuers, Appraisers and Estate Agents, a Register of
Probationary Valuers/Probationary Estate Agents and a”
the words “the Register, Register of Probationers and”;
(b)
in paragraph (e), by substituting for the words “registered valuers or appraisers or estate agents” the words “valuers, appraisers, estate agents or property managers”;
(c)
in paragraph (f), by substituting for the words “appraisers and estate agents” the words “appraisers, estate agents and property managers”;
(d)
in paragraph (g), by substituting for the words “appraisers and estate agents” the words “appraisers, estate agents and property managers”;
(e)
in paragraph (h), by substituting for the words “valuation or estate agency” the words “valuation, estate agency or property management,”;
(f)
in paragraph (hc), by substituting for the words “appraisers and estate agents” the words “appraisers, estate agents and property managers”;
(g)
in paragraph (hd), by deleting the word “and” at the end of the paragraph; and
(h)
by inserting after paragraph (hd) the following paragraph:
“(he) to hold in trust the monies in a dispute between a registered valuer, appraiser, estate agent or property manager, and a client or third party in a contract for valuation, appraisal, estate agency or property management services, whenever the
Board deems necessary;”.