Plain language law

New Zealand law explained for everyone

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

Regulation of public valuers - Registration of valuers - Registration fee

34: Annual registration fee

You could also call this:

"What is the annual registration fee for registered valuers?"

Illustration for Valuers Bill

If you are a registered valuer, you must pay a fee to the Board each year. This fee is called the annual registration fee and it is set by regulations. You have to pay this fee by 1 January every year. You might not have to pay the whole fee if you ask the Board and they think it is fair. The Board can refund or waive some or all of the fee if they think it is just. You need to apply to the Board if you want them to consider this. The Board gets to decide if they will refund or waive the fee based on the circumstances. You have to pay the fee until the Board decides what to do with your application. The fee is part of being a registered valuer and it is paid every year.

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 It might be out of date or be missing some parts.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

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS617024.

Topics:
Work and jobs > Job licensesMoney and consumer rights > Banking and loans
Previous

33: Board may direct that information about qualifications be corrected, or

"The Board can fix wrong information about a valuer's qualifications."

Next

35: Removal of name from register if registered valuer guilty of offence or grave misconduct, or

"What happens if a registered valuer does something wrong and gets removed from the list"

Part 2Regulation of public valuers
Registration of valuers: Registration fee

34Annual registration fee

  1. A registered valuer must pay to the Board an annual registration fee that is prescribed by the regulations.

  2. The annual registration fee is due on 1 January in each year.

  3. The Board may refund, or waive payment of, the whole or any part of the annual registration fee payable by a person if—

  4. the person applies for the refund or waiver; and
    1. the Board thinks that it is just to do so in all the circumstances.