CPD for specialist retail valuers—Act, s 42FA
4 CPD for specialist retail valuers—Act, s 42FA
For section 42FA(b) of the Act, the CPD prescribed is that, for each CPD period, a specialist retail valuer spends at least 5 hours in total on—
if the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or
otherwise—any 1 or more CPD activities.
In this section—
CPD activity means any of the following activities—
attending seminars, conferences, workshops, field days or addresses about retail rental valuation that are conducted by the board, professional organisations, industry bodies or employers;
preparing and presenting papers about retail rental valuation;
writing and circulating or publishing articles about retail rental valuation;
undertaking formal education about retail rental valuation;
undertaking informal education about retail rental valuation by perusing appropriate journals or similar documents.
CPD notice, in relation to a CPD period, means a written notice that—
states the minimum number of hours a specialist retail valuer must spend on 1 or more stated CPD activities during the CPD period; but
does not require a specialist retail valuer to spend more than 5 hours in total on CPD activities during the CPD period.
CPD period see section 3(2).
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