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Valuers Bill

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

85: How long members hold office

You could also call this:

"How long Valuers Registration Board members keep their jobs"

Illustration for Valuers Bill

You will learn about how long people hold office in the Valuers Registration Board. The president holds office for 2 years. Other members have different terms. You need to know that some members retire each year. One of the vice-presidents and 3 elected members must retire every year. The ones who have been in office the longest retire first. If two members have been in office for the same amount of time, a random decision is made to see who retires. This is done to make the decision fair.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS623394.


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84: Retiring president may continue as member, or

"A retiring president can stay on as a Council member."


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86: Member is eligible for re-election or reappointment, or

"You can be re-elected or reappointed after your term ends"

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

85How long members hold office

  1. The president holds office for 2 years.

  2. The member of the Council appointed by the Valuer-General holds office for 1 year.

  3. In every year, one of the vice-presidents and 3 of the elected members of the Council must retire from office.

  4. The vice-president who has held that office longer must retire before the other, and the elected members of the Council who have held that office longest must retire before the other elected members.

  5. If a question arises as to which of 2 or more members who have held office for the same period should retire, the question must be determined by lot.