s 43 Notice of certain events
43.—(1) Where a licensee ceases to be engaged in estate agency work, the licensee must, before the end of a period of 31 days starting on the date of the cessation, notify the Council in writing thereof. (2) Where a licensed estate agent ceases to appoint, associate with or employ a person as a salesperson, the licensed estate agent must, before the end of a period of 7 days (or such other period prescribed) notify the Council in a manner prescribed of the cessation. (3) Where a company is a licensed estate agent and —(a) a person is appointed as a director of the company; or (b) a person ceases to be such a director, the company must, before the end of a period of 7 days (or such other period prescribed) starting on the date of the appointment or, where appropriate, the cessation, notify the Council in a manner prescribed of the appointment or cessation. (4) Where —(a) a licensed estate agent —(i) becomes a member of a partnership; or (ii) ceases to be a member of a partnership; and (b) the partnership does, or it is proposed that it will do, estate agency work, the licensed estate agent must, before the end of a period of 7 days (or such other period prescribed) starting on the date of his or her so becoming or ceasing to be such a member, notify the Council in a manner prescribed thereof. (5) In addition to notification of the matters contained in subsections (1), (2), (3) and (4), a notice for the purposes of any of those subsections must contain such additional particulars (if any) as are prescribed for the time being for the purposes of this section which must be verified in such manner as may be prescribed. (6) A licensee who fails to comply with subsection (1), (2), (3), (4) or (5) shall be guilty of an offence.