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| 1. |
Members of the
Hong Kong Association of Property Management Companies Limited (HKAPMC) are
governed by its Memorandum and Articles of Association and this Code of
Conduct, the object of the latter being to promote high professional standards
and ethical business practices.
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| 2. |
This code
represents the minimum standards to which the HKAPMC subscribes. Members are
advised to read it in conjunction with all relevant Ordinances, any Deeds of
Mutual Covenant under which they operate and any related Management Agreements.
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| 3. |
A member shall be
required to answer questions, if so directed by the HKAPMC, concerning his
conduct in accordance with the Code. A member is liable to reprimand,
suspension or expulsion if his conduct is found to be in contravention of the
Code or otherwise inconsistent with the aims of the Association.
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| 4. |
To maintain a high
standard of professional practice, a member of the Association should observe
the following rules:
| a) |
A member shall
faithfully carry out the duties which he undertakes, and shall have proper
regard for the interests both of those who commission him, and of those who may
be expected to use or enjoy his services.
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| b) |
A member shall
endeavour to contribute through his work to the advancement of good property
management.
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| c) |
A member shall not
knowingly undertake any work beyond his resources or beyond his ability.
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| d) |
A member shall not
subcommission work for which he has been commissioned without the agreement of
his client, or without defining the respective responsibilities of all
concerned.
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| e) |
A member shall not
disclose confidential information imparted by actual or potential clients
without their express consent.
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| f) |
A member shall
avoid actions and situations inconsistent with his legal or contractual
obligations or likely to raise doubts about his integrity.
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| g) |
A member shall not
have such an interest in, or be associated with, any business as would, or
might, breach these rules.
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| h) |
Should a member
find that his interests, whether contractual or personal, conflicts so as to
risk a breach of this Code, he shall as the circumstances may require, either
declare it and obtain the agreement of the parties concerned to the continuance
of his engagement, or withdraw from the situation or remove the source of
conflict.
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| i) |
A member shall
inform his client in advance of the conditions of engagement and the scale of
charges, agree with his client that those conditions shall form the basis of
his appointment, and shall not demand or accept any other payment or
consideration for the duties entrusted to him, whether from the client or any
other person or entity.
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| j) |
A member shall not
maliciously endeavour to discredit other members of the HKAPMC.
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| k) |
A member shall
abide by the Practice Notes on professional conduct issued from time to time by
the Council of the HKAPMC.
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| 5. |
The HKAPMC upholds
the principle of fair play in business and an honourable standard of
professional ethics. The framework for a standard of business ethics is
provided by Section 9 of the Prevention of Bribery Ordinance. Members of the
HKAPMC should ensure that they, as well as their employees, fully understand
and comply with these legal provisions. |
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