PREVIOUSLY DISADVANTAGED INDIVIDUALS PROGRAMME END DATE
The PDI transformation initiative program which was introduced in January 2019 under section 27 of the Estate Agency Affairs Act (EAAA) has not been retained under the Property Practitioners Act (PP Act). This program was meant to assist PDI’s who would otherwise have been non-complaint with the provisions of the previous EAAA to be issued with a fidelity fund certificate subject to complying with the PDI requirements as set out.
The PP Act has specifically introduced provisions geared towards assisting all historically disadvantaged individuals who would otherwise be non-complaint with the PP Act in complying with the Act. This includes section 4 of the act which provides that any person may subject to the provisions of the Act be exempted from compliance with the provisions of the Act.
Further, regulation 41.42 also provides that, a property practitioner who failed to register as an "estate agent" under the previous Act or failed to obtain a Fidelity Fund certificate under the previous Act when they were required to do so, shall not be subject to prosecution or any disciplinary action in respect of such failure, provided that such property practitioner registers with the Authority within a period of no more than six months of the effective date and such person subsequently obtains a Fidelity Fund certificate in accordance with the provisions of the Act and these regulations within a period of no more than 12 months following the date upon which such person registers with the Authority.
The Property Practitioners Regulatory Authority therefore wishes to notify all PDI applicants and of its intention to discontinue the PDI program officially on the 30th July 2022. Applicants still intending to apply may send their applications to firstname.lastname@example.org.
Property Practitioners Regulatory Authority