Valuers Registration Regulation 2024

For section 66(2) of the Act, the code of professional conduct for valuers consists of—

the provisions of schedule 1; and

if the board approves a document for inclusion in the code—the approved document.

To the extent of any inconsistency between a provision of schedule 1 and a document mentioned in subsection (1)(b), the provision of schedule 1 prevails.

If the board approves a document for inclusion in the code, the board must—

publish the document on the board’s website; and

keep copies of the document available for inspection, at the board’s office, by members of the public during business hours; and

give each registered valuer a written notice stating—

that the board has approved the document for inclusion in the code; and

the version number or other identifying information for the document; and

the day on which the document takes effect as part of the code.

For subsection (3)(c)(iii), the day stated in the notice must be—

for a document published by the Australian Property Institute—at least 5 days after the day the notice is given; or

for another document—at least 30 days after the day the notice is given.

The document takes effect as part of the code on the day stated in the notice.