Property Management Service Ordinance
The Legislative Council’s Panel of Home Affairs (hereafter the Panel) discussed two LC Papers [Nos.CB(2)1662/18-19(01) and CB(2)1662/18- 19(02)] on 24 June. The papers concerned the licencing regime proposed by the Property Management Services Authority (PMSA). Members of the Panel noted that under the Property Management Services Ordinance (PMSO, Cap.626), a property management company (PMC) had to fulfill all of the licencing criteria, including the minimum number of employees holding property management practitioner (PMP) licences, the company’s suitability to hold a PMC licence, etc., which the PMSA would set out in the subsidiary legislation to enact the licencing regime.
Message from PFMD Chairman – July 2019 (whole message)