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

79: Council of Institute

You could also call this:

"The Council of Institute: A group of members managing the New Zealand Institute of Valuers."

The proposed law says the New Zealand Institute of Valuers will have a Council to manage its affairs. You will have at least 10 members on this Council, including a president, 2 vice-presidents, and 7 other members. The Council will be made up of members of the Institute.

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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=LMS616991.

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78: Exempted person must pay fees, or

"Exempt valuers must still pay their fees on time"

80: Council must transact business of Institute, or

"The Council is in charge of the Institute's work and decision-making."

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

79Council of Institute

The affairs of the Institute must be managed by a Council of at least 10 members of the Institute, consisting of a president, 2 vice-presidents, and at least 7 other members.