This page is about a bill. That means that it's not the law yet, but some people want it to be the law. It could change quickly, and some of the information is just a draft.

Valuers Bill

Valuers Registration Board and New Zealand Institute of Valuers - New Zealand Institute of Valuers

71: Institute is body corporate

You could also call this:

"The Institute is a separate organisation with its own identity."

The proposed law says the Institute will be a body corporate. You will know it is a separate entity from its members and staff. It will keep existing until it is dissolved by a new law.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on 30 October 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1451092.

Topics:

Government and voting > Government departmentsBusiness > Starting a businessBusiness > Industry rules

70: New Zealand Institute of Valuers continued, or

"The New Zealand Institute of Valuers keeps going as it was."

71A: Core things Institute can do, or

"What the Institute is allowed to do"

Part 3Valuers Registration Board and New Zealand Institute of Valuers
New Zealand Institute of Valuers

71Institute is body corporate

The Institute—
is a body corporate; and
is accordingly a legal entity separate from its members, office holders, and employees; and
continues in existence until it is dissolved by an Act.