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About Transitional Arrangements

About Transitional Arrangements

To facilitate the industry to adapt to the new regime, the first three years (i.e. from 1 August 2020 to 31 July 2023) after the implementation of the licensing regime is a transitional period during which anyone acting as a property management company (PMC) or property management practitioner (PMP) is not required to be licensed.

During the transitional period, anyone meeting the relevant criteria may voluntarily apply for a licence. PMPs who do not meet the criteria for academic and/or professional qualifications but possess the specified work experience may apply for a provisional PMP licence.

While anyone acting as a PMC or a PMP without the relevant licence will not be prosecuted during the transitional period, the Property Management Services Ordinance prohibits, both during and after the transitional period, anyone without the relevant licence from:

claiming to be a licensed PMC, a licensed PMP (Tier 1) or a licensed PMP (Tier 2);

or

describing himself or herself as a “registered professional manager” or “licensed property management officer”, or using a title in any language that so closely resembles the said two designations as to be capable of deceiving or misleading any person into believing that the person is a licensee.

After the transitional period, any business entity carrying on the business of providing more than one category of property management services must hold a PMC licence, and any individual assuming a managerial or supervisory role in all the property management services provided by that PMC to a property must hold a PMP (Tier 1) licence or PMP (Tier 2) licence.