Diamonds Act, 1986
R 385
Property Practitioners Act, 2019 (Act No. 22 of 2019)Chapter 8 : Property Practitioners53. Mandatory display of Fidelity Fund certificate |
| (1) | A holder of a Fidelity Fund certificate must— |
| (a) | prominently display his, her or its Fidelity Fund certificate in every place of business from where he, she or it conducts property transactions, to enable consumers to easily inspect it; |
| (b) | ensure that the prescribed sentence regarding holding a Fidelity Fund certificate is reproduced in legible lettering on any letter head or marketing material relating to that property practitioner; |
| (c) | in any agreement relating to property transactions entered into by him or her or by his, her or its company, close corporation, partnership, trust or other entity permitted to conduct the business of a property practitioner, include the prescribed clause which ensures that he, she or it guarantees the validity of the certificate. |
| (2) | A person who contravenes subsection (1) is guilty of an offence. |
