API rules continue to have effect as part of code of professional conduct
8 API rules continue to have effect as part of code of professional conduct
This section applies until a document, approved by the board under new section 5(1)(b), takes effect as part of the code of professional conduct for valuers.
Despite the repeal of former section 5(1)(b)(ii), the API rules continue to have effect as part of the code of professional conduct for valuers.
Also, former section 5(2) continues to apply as if the reference in the provision to a document mentioned in subsection (1)(b)(i) or (ii) were a reference to the API rules.
In this section—
API rules means the document called ‘Rules of Professional Conduct’ published by the Australian Property Institute with an effective date of 31 March 2024.
Note—
The API rules are available on the Australian Property Institute’s website.
former, in relation to a provision of this regulation, means the provision as in force immediately before the commencement.
new, in relation to a provision of this regulation, means the provision as in force from the commencement.
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