Consultation on Licensing Regime
The Property Management Services Authority (PMSA) has been actively communicating with stakeholders for collecting views and for understanding the operation of the industry in order to formulate a practicable licensing regime which will benefit the industry and the public at large.
After two rounds of consultation with the industry and stakeholders, the PMSA issued on 21 November 2018 a consultation paper on the proposed licensing regime to gauge views from the public, and subsequently met with stakeholders to seek comments.
To address as early as possible certain concerns which stakeholders expressed during the consultation, the PMSA issued a press release in December 2018 to clarify matters such as who are required to hold property management practitioner licences. In addition, to allay concerns from certain owners’ organisations, the Home Affairs Department issued a letter to all owners’ organisations in January 2019 to explain further the very few situations where an owners’ organisation is required to hold a licence in order to manage its own property.
Having considered the views collected via the said public consultation, the PMSA adjusted the proposed licensing regime and has actively promulgated such since 20 May 2019. As of 11 June, the PMSA has met with more than 30 groups of stakeholders and further fine-tuned the details which have been consolidated into a paper for discussion in a meeting of the Panel on Home Affairs of the Legislative Council held on 24 June 2019.
The PMSA has prepared a concise description of the licensing regime (Fact SheetNote), answers to the frequently asked questions and the most updated version of the draft subsidiary legislation for public perusal. Your views are most welcome. The PMSA will continue to seek comments from stakeholders before submitting the draft sub-legislation to the Legislative Council for negative vetting, tentatively in the 4th quarter of 2019 with a view to implementing the licensing regime in early 2020.
Note: Last updated on 26 August 2019