Related documents
- Is amended by Property Valuers Profession Amendment Act, 2018
Property Valuers Profession Act, 2012
Act 7 of 2012
- Published in Government Gazette 4973 on 26 June 2012
- Assented to on 9 June 2012
- Not commenced
- [This is the version of this document from 6 April 2018 and includes any amendments published up to 6 December 2024.]
- [Amended by Property Valuers Profession Amendment Act, 2018 (Act 2 of 2018) on 6 April 2018]
Part I – INTRODUCTORY PROVISIONS
1. Definitions
In this Act, unless the context otherwise indicates -“actively practise” means to practise on an ongoing basis in one of the categories contemplated in section 16;“associate professional valuer” means a person who is registered in terms of section 17(2)(a);“committee” means a committee of the Council established in terms of section 14;“Council” means the Namibian Council for Property Valuers Profession established by section 2;“disciplinary tribunal” means a tribunal appointed in terms of section 28;“investigating committee” means an investigating committee contemplated in section 14(1(b);[There is a bracket missing in the reference to section 14(1)(b).]“Minister” means the Minister responsible for lands;“Ministry” means the Ministry charged with the administration of lands;“prescribed” means prescribed by a regulation and, where the context otherwise indicates, by the rules of the Council referred to in section 7(3);[definition of "prescribed" substituted by section 1 of Act 2 of 2018]“professional valuer” means a person who is registered in terms of section 17(2)(a);“property” includes a right in respect of, or an interest in, immovable property which is subject to registration or is registered in any deeds registry in Namibia, and includes movable assets which forms part of an immovable property;“property valuation” means the determination of the value of property in accordance with prescribed standards;“registered person” means a person registered under one of the categories referred to in section 16;“Registrar” means the person appointed as Registrar under section 15(1(a);[There is a bracket missing in the reference to section 15(1)(b).]“regulation” means a regulation made under section 34;“student valuer in training” means any person registered in terms of section 17(2)(b);“Valuer-General” means the incumbent of the post of Valuer-General in the Ministry;“valuer in training” means any person registered in terms of section 17(2)(b);“voluntary association” means any association of professional valuers, associate professional valuers or valuers in training recognised under section 22.Part II – NAMIBIAN COUNCIL FOR PROPERTY VALUERS PROFESSION
2. Establishment of Namibian Council for Property Valuers Profession
3. Constitution of Council
4. Powers and functions of Council with regard to registration
The Council must, subject to this Act -5. Powers and functions of Council with regard to fees and charges
6. Powers and functions of Council with regard to education in property valuation
7. General powers of Council
8. Term of office of members of Council
9. Disqualification for appointment as member of Council
A person may not be appointed as a member of the Council if the person -10. Vacation of office and filling of casual vacancies
11. Election of chairperson and vice-chairperson of Council
12. Meetings and decisions of Council
13. Funds of Council and keeping and auditing of accounts
14. Committees of Council
15. Appointment and remuneration of Registrar and other employees of Council
Part III – REGISTRATION
16. Categories of registration
17. Registration in any category of valuers
18. Cancellation of registration
19. Authorised titles
20. Renewal of registration
21. Return of registration certificate
A person whose registration has been cancelled in terms of this Act must return his or her registration certificate to the Registrar within 30 days from the date of cancellation.22. Recognition of voluntary associations
23. Identification of work
The Council must consult with -[introductory sentence amended by section 7 of Act 2 of 2018]24. Prohibition of unregistered persons from performing work reserved for registered persons and from doing certain things
Part IV – CODE OF CONDUCT AND DISCIPLINARY PROVISIONS
25. Code of conduct
26. Investigation of improper conduct
27. Charge of improper conduct
28. Appointment of disciplinary tribunal
29. Disciplinary hearing
30. Proceedings after disciplinary hearing
31. Appeal against decision of disciplinary tribunal
32. Appeal against certain decisions of Council
Part V – GENERAL PROVISIONS
33. Professional fees
34. Regulations
35. Procedure and evidence for evidential purposes
36. Exemptions
37. Liability
38. Delegation of powers and assignment of functions
39. Offences and penalties
40. Appointment of persons to determine valuation of property under or in terms of other laws
If any other law confers upon a functionary the power to appoint any person to determine the value of property, the functionary -41. Transitional provisions
A person who at the date of commencement of this Act practices in the property valuation profession -42. Act binds State
This Act binds the State.43. Short title and commencement
History of this document
06 April 2018 this version
26 June 2012
09 June 2012
Assented to
Cited documents 5
Act 5
1. | Public Accountants’ and Auditors’ Act, 1951 | 202 citations |
2. | Long-term Insurance Act, 1998 | 83 citations |
3. | Short-term Insurance Act, 1998 | 64 citations |
4. | Namibia Qualifications Authority Act, 1996 | 50 citations |
5. | Higher Education Act, 2003 | 48 citations |
Documents citing this one 11
Gazette 10
Act 1
1. | Local Authorities Act, 1992 | 1335 citations |