Explanatory Notes

Property Factors (Scotland) Act 2011

2011 asp 8

7 April 2011

The Act

Part 1 – Registration of Property Factors

Section 14 – Code of conduct

57.Subsection (1) requires the Scottish Ministers from time to time to prepare a property factor code of conduct setting out the minimum standards of practice expected of registered property factors.

58.Under subsection (2), the Scottish Ministers must publish a draft code of conduct for consultation. They are also required to consider any representations made to them about the draft and may amend the draft accordingly.

59.The code must then be laid before the Scottish Parliament, published and brought into force on such day as is appointed by the Scottish Ministers by order approved by the Scottish Parliament (subsections (3) and (4)).

60.Subsection (5) requires all registered property factors to ensure they comply with the property factor code of conduct for the time being in force.