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Valuers Bill

Regulation of public valuers - When public valuer must hold annual practising certificate - Key provisions

9: Penalty for offences relating to annual practising certificate

You could also call this:

"Breaking rules about certificates can cost you up to $500"

If you break the rules about annual practising certificates, you can get in trouble. You might have to pay a fine of up to $500 if you commit an offence under section 7 or section 8. You could also have to pay an extra $50 for each day the offence continues if it is a continuing one.

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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=LMS655061.

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8: Offence relating to holding out when person does not hold annual practising certificate, or

"It's an offence to pretend to be a registered valuer when you don't have a certificate."

10: Registrar may issue annual practising certificate to registered valuer, or

"Registrar can give a yearly certificate to practise as a valuer"

Part 2Regulation of public valuers
When public valuer must hold annual practising certificate: Key provisions

9Penalty for offences relating to annual practising certificate

A person who commits an offence under section 7 or 8 is liable on conviction to—
a fine not exceeding $500; and
if the offence is a continuing one, a further fine not exceeding $50 for every day during which the offence continues.