Conditions Imposed on a Licence
Sections 9(3) and 10(3) of the Property Management Services Ordinance (Cap. 626) stipulate that the Property Management Services Authority (PMSA) may impose on a licence those conditions, including prescribed conditions, that it considers appropriate. The prescribed conditions which may be imposed on a PMC licence are that the licensee must:
- continue to be a suitable person to hold the licence;
- continue to meet the criteria for holding the licence;
- display a copy of the licence in a prominent place in each property for which property management services are provided by the licensee;
- appoint at least one licensed PMP (Tier 1) to manage each property for which property management services are provided by the licensee and display in a prominent place in such property the name and licence number of the licensed PMP (Tier 1) appointed;
- have the name of the licensee and licence number clearly and conspicuously stated on any letter, account, receipt, pamphlet, brochure, advertisement and other documents issued in whatever form by or on behalf of the licensee in the capacity of a licensee;
- submit to the PMSA, within the period of time specified by the PMSA, the information and documents that the PMSA may from time to time specify; and
- not carry on the business of providing property management services under a name other than the name of the licensee stated on the PMC licence.
Contravention of a condition is a disciplinary offence.