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Valuers Bill

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

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

You could also call this:

"Exempt valuers must still follow some rules"

Illustration for Valuers Bill

If you are a registered valuer who is exempt under section 76, some rules still apply to you. You must follow the rules about discipline, which are in this Act and in the Institute's rules and code of ethics. You also have to follow the rules about how much you can charge for your work as a registered valuer, and you need to have an annual practising certificate as required by section 7.

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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=LMS622831.

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

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

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78: Exempted person must pay fees, or

"Exempt valuers must still pay their fees on time"

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

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

  1. The following apply to a registered valuer (A) who is exempted under section 76 as if A were a member of the Institute:

  2. the provisions of this Act and of the rules and code of ethics of the Institute relating to the discipline of its members:
    1. the provisions of the rules of the Institute regulating the charges that may be made by registered valuers for work as registered valuers:
      1. section 7 (which requires public valuers to have annual practising certificates).