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

76: Board may exempt registered valuer with conscientious objection from membership

You could also call this:

"The Board can excuse a valuer from joining the Institute if they have a strong reason not to."

The Board can let a registered valuer out of being a member of the Institute if they really do not want to join. You have to show the Board that you really do not want to be a member. The Board can say yes, but only if you agree to certain conditions. The Board gets to choose what those conditions are. You are not a member of the Institute if you follow all the conditions. This only works as long as you keep following the conditions the Board set. The Board's decision is an exception to what is normally required, as stated in section 73. You must satisfy the Board that you have a good reason for not wanting to be a member. The Board will decide if your reason is good enough.

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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=LMS616989.

Topics:

Work and jobs > Worker rightsBusiness > Industry rules

75: Membership fees, or

"Paying your yearly membership fee to the Institute"

77: Exempted person subject to certain requirements as if they were member, or

"Exempt valuers must still follow some rules"

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

76Board may exempt registered valuer with conscientious objection from membership

Despite section 73, the Board may exempt a registered valuer (A) from membership of the Institute if A satisfies the Board that they have a conscientious objection to becoming a member of the Institute.
The Board may grant A the exemption subject to the conditions that the Board thinks fit.
A is not a member of the Institute while the exemption continues as long as all of those conditions are complied with.