Statute law – Condo for rent in Singapore
Statutes or legislations are written laws approved, accepted and passed by the Parliament. The law-making process begins with a Bill, to put it simply it is an Act in its draft form. If the Bill is approved, accepted and passed by the Parliament and assented to by the President, the Bill is formally enacted as an “Act”, that is law. Condo for rent in Singapore.
In order to implement and administer the requirements of the Acts, powers are conferred unto ministers to make rules and/or regulations known as subsidiary legislations. The legislation and its subsidiary legislation that are of outmost relevance to real estate salesperson are:
Legislation: Estate Agents Act 2010
Subsidiary Legislation: Estate Agents (Estate Agency Work) Regulations 2010
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