The Law Ministry announced on Tuesday that the central government intends to change the Notaries Act to limit the number of terms a person can practise as a notary in order to encourage more young lawyers to enter the industry.
According to the ministry, the proposed amendment bill also wants to extend the power of the competent government to suspend the certificate of practise in cases of professional misconduct for the purpose of conducting an investigation. Notaries' notarial work will likewise be digitised under the proposed amendment bill.
After the original appointment, the number of periods for renewing a notary's certificate of practise is now unrestricted. "It is suggested to limit the entire term of notaries to 15 years (initial term of five years and two renewal terms of five years each) by prohibiting limitless term renewals," according to the ministry.
A copy of the draught bill has been posted on the Department of Legal Affairs' website for comments and views, which must be submitted by December 15, according to the statement. The Notaries Act of 1952 was passed to regulate the notary profession. The Notaries Act of 1952 and subsequent guidelines give the federal government and state governments the authority to appoint notaries who meet the required requirements.
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