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removal of MA

By susanna clark on Thu, 14 Mar 2019 at 22:37

Please advise : when a case is set down for adjudication with CSOS against the managing agent and sufficient proof is presented as to non compliant acts carried out by the MA -
1. Can the commissioner be asked to instruct the BC to remove the managing agent;
2. Can the commissioner instruct the BC to replace the MA?;
3. Can it be requested for ombud to appoint a MA on behalf of the BC
4. Is it a requirement for the director of a managing agent's firm to have a Fidility certificate registered with EAB - required if to handle trust monies and have access to BC financial and banking accounts?

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RE: removal of MA

Murray Bennett replied on Sat, 16 Mar 2019 at 00:34

4. http://www.addsure.co.za/does-a-managing-agent-still-need-fidelity-cover/

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