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INCOME TAX ASSESSMENT ACT 1997 - SECT 30.210 Approved valuers

INCOME TAX ASSESSMENT ACT 1997 - SECT 30.210

Approved valuers

  (1)   The * Arts Secretary may approve an individual as a valuer of a particular kind of property. The approval must be in writing, signed by the Secretary.

  (2)   The Secretary must, in deciding whether to approve an individual, have regard to:

  (a)   the individual's qualifications, experience and knowledge in valuing that kind of property; and

  (b)   the individual's knowledge of the current * GST inclusive market value of that kind of property; and

  (c)   the individual's standing in the professional community.

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