Valuers to be licensed
23 Valuers to be licensed
A person shall not carry on business, or by any means hold himself out, or demand or receive commission, reward or other valuable consideration in respect of his services, as a valuer of land unless he is licensed under this Act.
Penalty for this subsection: a fine of $100 000.
Subsection (1) does not prevent a firm or corporation from carrying on business, or holding itself out, or demanding or receiving commission, reward or other valuable consideration in respect of its services, as a valuer of land so long as every valuation of land supplied by that firm or corporation is made by a person who is licensed under this Act.
Subsection (1) does not prevent —
a student who is undertaking a prescribe course of study in the valuation of land; or
a person who is employed as an assistant to a licensed valuer,
from performing and discharging, under the supervision of a licensed valuer, functions and duties connected with the valuation of land.
[Section 23 amended: No. 15 of 1984 s. 5; No. 69 of 2006 s. 17; No. 23 of 2014 s. 21; No. 25 of 2019 s. 37.]
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