Valuers Act 1948

Version as at 28 October 2021

Coat of Arms of New Zealand

Valuers Act 1948

Public Act
 
1948 No 63
Date of assent
 
26 November 1948
Commencement
 
see section 1
Note

The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.

Note 4 at the end of this version provides a list of the amendments included in it.

This Act is administered by Land Information New Zealand.

Contents

Title
1Short Title and commencement
2Interpretation
Valuers Registration Board
3Valuers Registration Board constituted
4Meetings of the Board
5Deputy chairman
6Procedure of Board
7Fees and allowances of members
8Registrar of the Board
New Zealand Institute of Valuers
9Incorporation of New Zealand Institute of Valuers
10Functions of Institute
11Membership of the Institute
11AExempting from membership of the Institute registered valuers with conscientious objection to membership
12Membership fees
13Council of the Institute
14Powers of Council
15Officers of Institute
16Rules of Institute
17Affairs of Institute to be managed temporarily by officers of former incorporated society
Registration of valuers
18Register of Valuers
19Qualifications for registration
20Valuers to be classified as rural valuers or urban valuers [Repealed]
21Application for registration
22Applications to be considered by Board
23Objections by Institute
24Registrar to observe directions of Board
25Certificate of registration
26Penalty for wrongfully procuring registration
27Name to be removed from register if valuer cannot be found, etc
28Correction of register
29Voluntary removal of name from register
30Removal of name from register on non-payment of membership fee
30ARemoval of name from register on non-payment of annual registration fee
Disciplinary powers of the Board
31Removal of name from register if registered valuer guilty of offence or grave misconduct
32Inquiry by Board into charges of misconduct
33Further disciplinary powers of Board
33ACosts and expenses
33BEnforcement of fines and order to pay costs
Appeals
34Appeals from decisions of Board
Annual practising certificates
35Public valuers to have annual practising certificates
36Annual list of holders of practising certificates
Annual registration fee
36AAnnual registration fee
Financial provisions
37Application of fees, etc, received by the Board
37ABoard to reimburse Land Information New Zealand and other government agencies for expenditure incurred in relation to this Act
38Fees payable to Institute
39Institute to contribute to Board’s funds
39AUnauthorised expenditure
Miscellaneous
40Certificate by Registrar to be evidence of registration, etc
41Registrar to notify Institute of entries in register
42Improper use of words, initials, etc, implying registration or membership of Institute
43Offences
44Regulations
Notes

An Act to make provision for the registration of land valuers, to constitute the New Zealand Institute of Valuers, and for matters incidental thereto