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reg 4

Qualifications required to be held by land valuers

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4 Qualifications required to be held by land valuers

For the purposes of sections 5(a) and 6(a) of the

Act, an individual must hold at least 1 of the following qualifications:

(a)

degree of Bachelor of Business (Property) conferred by the

University of South Australia or Adelaide University, including satisfactory completion of (or status granted in) the subject of Statutory Valuations and at least 1 of the following subjects or combinations of subjects:

(i)

Valuation of Investment Properties;

(ii)

Advanced Property Valuation;

(iii)

Property Practice and Commercial Property Valuation;

(b)

Graduate Diploma in Property, or degree of Master of Business in

Property or degree of Master of Business (Property), conferred by the

University of South Australia, including satisfactory completion of (or status granted in) the following subjects:

(i)

(A)

Property Law 1G and 2G; or

(B)

Property Law 2M; or

(C)

Law of Property G;

(ii)

(A)

Property Case Studies, Real Estate Valuation 1, Real Estate

Valuation 2, Real Estate Valuation 3 and Valuation Case Studies;

or

(B)

Statutory Valuation G and Valuation of Investment

Property G; or

(C)

Statutory Valuation G and Advanced Property Valuation

G;

(c)

degree of Bachelor of Business in Property conferred by the

University of South Australia, including satisfactory completion of (or status granted in) the following subjects:

(i)

Valuation 1 and 2;

(ii)

Valuation Field Work 1 and 2;

(d)

membership of the Australian Property Institute holding the certification of Certified Practising Valuer, Certified Practising Valuer

(Residential) or Residential Property Valuer;

(e)

membership as a full member, senior member, fellow member or life fellow member of the Property Institute of New Zealand;

(f)

membership of the Royal Institution of Chartered Surveyors as a

Chartered Valuation Surveyor or a Fellow Member;

(g)

in the case of an individual who—

(i)

immediately before the commencement of these regulations had qualifications declared under the Land Valuers Regulations 2010 to be prescribed qualifications—those qualifications; or

(ii)

immediately before the commencement of the

Land Valuers

Regulations 2010 had qualifications declared under the

Land Valuers Regulations

1995 to be prescribed qualifications—those qualifications.

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