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WQ.277/2024
WRITTEN QUESTION TO THE MINISTER FOR SUSTAINABLE ECONOMIC
DEVELOPMENT
BY DEPUTY M.B. ANDREWS OF ST HELIER NORTH QUESTION SUBMITTED ON MONDAY 16th SEPTEMBER 2024 ANSWER TO BE TABLED ON MONDAY 23rd SEPTEMBER 2024
Question
"Further to his response to Oral Question 69/2024, will the Minister advise whether he is still on track to lodge legislation to ensure Estate Agents obtain membership of an independent redress scheme by the end of this year or beginning of next year, and will he further advise whether he is considering, or will consider, making it a requirement that Estate Agents undertake relevant professional examinations, and if not, why not?"
Answer
The legislative changes remain on track and I have, this month, approved law drafting instructions which are now with the Legislative Drafting Office.
These drafting instructions have been shared with the EIA Panel and will require Estate Agents to be a member of an Approved Redress Scheme.
Codes of Practice are offered by redress schemes. Both of the UK Trading Standards approved redress schemes are run as independent organisations with a range of criteria required for membership to be considered (professional indemnity insurance, a designated client account, a company registration/Value Added Tax number, evidence of membership of a Client Money Protection Scheme, etc).
These Codes of Practice are slightly different depending on region (with Scotland and the Channel Islands having separate Codes of Practice) but do not currently require individuals to undertake professional examinations.