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Valuers Bill

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

74: Other members of Institute

You could also call this:

"Who else can join the Valuers Institute?"

Illustration for Valuers Bill

The Council might let a valuer join the Institute even if they are not registered under this Act. You need to be of good character and reputation. You also need to have a special certificate or have passed a certain exam. The Council can decide the terms and conditions for you to join the Institute. They can also let other people join if they meet certain qualifications set by rules. These rules are made under section 90(1)(b). The Council has the power to make these decisions about who can join the Institute.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS657006.

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73: Registered valuers are members of Institute, or

"Being a registered valuer means you're automatically part of the Institute."

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75: Membership fees, or

"Paying your yearly membership fee to the Institute"

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

74Other members of Institute

  1. The Council may admit a valuer who is not registered under this Act (A) as a member of the Institute if the Council is satisfied that—

  2. A is of good character and reputation; and
    1. A—
      1. holds a certificate that is or would be recognised by the Board for the purposes of sections 16 to 18; or
        1. has passed an examination or examinations that are or would be approved by the Board for the purposes of sections 16 to 18.

        2. The Council may admit A as a member on the terms and conditions that it thinks fit.

        3. The Council may admit any other person as a member of the Institute if the person meets any other qualification for membership that is prescribed by rules made under section 90(1)(b).