INSPECTIONS AND INVESTIGATIONS POLICY

The purpose of this Inspections and Investigations Policy is to clarify and enhance the inspection and supervision functions of the EAAB and to ensure transparency in the administration of inspections and investigations.

Strict adherence to, and compliance with, the provisions of the Estate Agency Affairs Act, 112 of 1976 (“the Act”) as well as all other applicable legislation and regulations, in respect of the operations of estate agency enterprises is essential to ensure the sound and appropriate operations of estate agency enterprises, fairness and equality in their dealings and the protection of consumers.

It is essential, furthermore, that estate agency enterprises should fully understand, appreciate and manage their affairs in compliance with the Act since they, by so doing, will ensure that they conduct their estate agency operations in a sound and appropriate manner.


BEYERS REALTY GROUP CLAIMS AGAINST THE FIDELITY FUND BEYERS REALTY GROUP CLAIMS AGAINST THE FIDELITY FUND
November 1, 2016
On 30th September 2016, The EAAB obtained an interim order of court appointing a curator and taking control of the trust accounts and monies of Beyers Realty Group (BRG). BRG has also been provisionally interdicted from further operations pending a final order.

STATEMENT FROM CURATOR BONIS OF BEYERS REALTY GROUP (PTY) LTD (IN PROVISIONAL LIQUIDATION)
November 1, 2016
I, Mr Thomas Makupo, was appointed as the Curator Bonis of Beyers Realty Group (Pty) Ltd (“the company”) on 30 September 2016 by the Western Cape High Court to, among other things, administer and control the trust accounts of the company.



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