Section 22J — VALUERS, APPRAISERS AND ESTATE AGENTS ACT 1981

(a)

practise or carry on business or take up employment under any name, style or title containing the words “Property Manager”,

Valuers, Appraisers, Estate Agents and Property Managers 41

“Managing Agent”, or the equivalent thereto in any language or bearing any other word whatsoever in any language which may reasonably be construed to imply that he is a registered property manager or he is engaged in property management practice or business;

(b)

act as a property manager;

(c)

carry on business or take up appointment or engagement as a property manager;

(d)

display any signboard or poster, or use, distribute or circulate any card, letter, pamphlet, leaflet, notice or any form of advertisement, implying either directly or indirectly that he is a registered property manager or he is engaged in property management practice or business;

(e)

undertake for a fee or other consideration any of the work enumerated in subsection 22I(2); or

(f)

be entitled to recover in any court any fee, commission, charge or remuneration for any professional advice or services rendered as a property manager.

(2)

Paragraph (1)(b) shall not apply to the owner of any land, building and any interest therein who manages such land, building and interest.

(3)

For the purposes of subsection (2), “owner” in relation to any land, building and any interest in the land or building means—

(a)

the registered owner;

(b)

the beneficiary of any estate or trust of a deceased person; and

(c)

a lessee whose interest is registered under the National Land

Code [Act 56 of 1965], the Sarawak Land Code [Sarawak Cap.

81] and the Sabah Land Ordinance [Sabah Cap. 68].

42 Laws of Malaysia ACT 242

(4)

For the purposes of paragraphs (3)(a) and (c), a registered owner or a lessee may be an individual or a company but shall not include any shareholder in the company owning such land, building and interest in the land or building unless such land, building and interest is wholly owned by the company.

(5)

The provisions relating to restrictions of property management practice as contained in subsection (1) shall apply mutatis mutandis to a firm.