Saving and transitional provisions
74.—(1)  Notwithstanding the provisions of this Act, any person who, immediately before 22nd October 2010 is the holder of a valid house agent’s licence under the Appraisers and House Agents Act (Cap. 16) shall be deemed to have applied for and be licensed as an estate agent under this Act, for the remainder of the duration of the licence issued under the Appraisers and House Agents Act.
(2)  Subsection (1) does not apply to any person who is exempted from having to take out a licence as a house agent by section 9 of the Appraisers and House Agents Act.
(3)  Any application for a house agent’s licence under the Appraisers and House Agents Act before 22nd October 2010 which application was not dealt with before that date shall lapse.
(4)  For a period of 2 years after 22nd October 2010, the Minister may, by rules, prescribe such provisions of a savings or transitional nature consequent on the enactment of any provision of this Act as he may consider necessary or expedient.
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