Property Practitioners Act, 2019 (Act No. 22 of 2019)Chapter 7 : Property Practitioners Fidelity Fund39. Authorisation of grants |
| (1) | Subject to the terms and conditions that it may determine, the Board may authorise grants from the Fund— |
| (a) | with regard to— |
| (i) | research in fields of activity relevant to the business of property practitioners; |
| (ii) | the maintenance and promotion of the standard of conduct of property practitioners; |
| (iii) | the maintenance and promotion of the training standards of property practitioners; |
| (iv) | the education and training of property practitioners; and |
| (v) | transformation of the property sector; |
| (b) | to any association or society of property practitioners for the purpose of enabling that association or society to maintain and promote the interests of property practitioners; and |
| (c) | of the amount that it may determine for the purposes of— |
| (i) | advertising and promoting the services and facilities offered by property practitioners in general; or |
| (ii) | promoting public awareness in respect of consumer rights in matters relating to immovable property. |
| (2) | The Board may at any time revoke any authorisation contemplated in subsection (1) on reasonable grounds. |