Consumers, Estate Agents and Redress Bill [HL]
MARSHALLED
LIST OF AMENDMENTS
TO BE MOVED
ON THIRD READING
The amendments have been marshalled in accordance with the Order of 25th January 2007, as follows—
[Amendments marked * are new or have been altered]
Amendment
No.
| | BARONESS WILCOX
LORD DE MAULEY |
| 1 | Page 11, line 6, leave out "may" and insert "must" |
| | BARONESS WILCOX
LORD DE MAULEY |
| 2 | Page 26, line 6, at end insert— |
| "( ) | A regulator must make regulations requiring its regulated providers to have in place and operate appropriate and effective internal complaint handling procedures." |
| | BARONESS WILCOX
LORD DE MAULEY |
| 3 | Page 27, line 14, after "which" insert "procedures and" |
| 4 | Page 27, line 16, at end insert— |
| 5 | Insert the following new Clause— |
| (1) | Section 22 of the Estate Agents Act 1979 (c. 38) (standards of competence) is amended as follows. |
| (2) | For subsections (1) and (2) substitute— |
| "(1) | The Secretary of State shall by regulations made by statutory instrument designate any body of persons as an approved body to which people engaged in estate agency work, including both the sale and lettings of residential property, must belong. |
| (2) | The approved bodies must make membership conditional on signing up to rules and codes of conduct including rules which— |
| (a) | prescribe minimum competency standards; |
| (b) | ensure that firms have adequate professional indemnity insurance and, as appropriate, client money protection insurance; |
| (c) | require a minimum level of professional development per year; and |
| (d) | require membership of a redress scheme."" |
| 6 | Insert the following new Clause— |
| (1) | Section 1 of the Estate Agents Act 1979 (c. 38) (estate agency work) is amended as follows. |
| (2) | In subsection (1) after "land" insert "or who wishes to let, rent or manage residential property". |
| (3) | In subsection (1)(a) after "such an interest" insert "or manage, rent or, as the case may be, let such a residential interest". |
| (4) | In subsection (1)(b) after "of that interest" insert "or the management, letting or, as the case may be, renting of that residential interest"." |
| 7 | Page 68, line 25, leave out "£500" and insert "£1,000" |
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