Part 2Regulation of public valuers
Disciplinary powers of Board
41Disciplinary powers
After an inquiry into a complaint against a registered valuer, the Board may decide to do 1 or more of the following if it is satisfied as referred to in section 35:
- censure the valuer:
- order the valuer to pay a penalty not exceeding $20,000:
- order the valuer to do 1 or more of the following things within the period and in the manner specified in the order:
- pass an examination:
- complete a competence programme or training:
- attend a course of instruction:
- pass an examination:
- order that the valuer’s registration be suspended for a period not exceeding 12 months:
- direct that the valuer’s name be removed from the register.
A decision under this section must—
- be in writing; and
- contain a statement of the reasons on which it is based.
The Board must not impose a penalty under subsection (1)(b) for an act or omission that constitutes an offence if the valuer has been convicted of the offence.
The Registrar must remove a person’s name from the register if the Board directs the Registrar to do so under this section.



