False claim of being licensed
24 False claim of being licensed
A person who, not being a licensed valuer, in any way implies that he is licensed under this Act shall be guilty of an offence against this Act.
Penalty for this subsection: a fine of $100 000.
Subsection (1) does not prevent a firm or corporation of which at least one officer is a licensed valuer from using the term “licensed valuers”, or otherwise implying in any way that it is able to render the services of a licensed valuer, in a notice or advertisement or in a letterhead or other document so long as the notice, advertisement or document also contains the names of the officer or officers of the firm or corporation who is or are licensed under this Act.
[Section 24 amended: No. 69 of 2006 s. 18; No. 25 of 2019 s. 37.]
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