New South Wales Repealed Acts

This legislation has been repealed.

VALUERS REGISTRATION ACT 1975 - SECT 15

15 Application for registration as practising real estate valuer

(1) Where, on receipt of an application under section 13 (1) from a person to be registered as a practising real estate valuer, the Director-General is satisfied that:

(a) the person is of good character,

(b) the person:

(i) has successfully completed both a course of study approved by the Minister and a prescribed period of training in valuing land, whether situated within New South Wales or elsewhere, at a standard approved by the Director-General, or

(ii) was, at any time within the period of 5 years immediately preceding the date of the person’s application, a registered real estate valuer and satisfies such requirements, if any, with respect to valuing land, whether situated within New South Wales or elsewhere, as may be determined by the Director-General for the purposes of this subparagraph, and

(c) the person is sufficiently experienced and competent in valuing land, whether situated within New South Wales or elsewhere, to be able, by himself or herself, to value properly all classes of land,

the Director-General shall cause that person to be registered as a practising real estate valuer.

(2) Where, on receipt of an application under section 13 (1) from a person to be registered as a practising real estate valuer, the Director-General, in respect of the person:

(a) is satisfied as to the matters referred to in subsection (1) (a) and (b) (i) or (ii), and

(b) is not satisfied as to the matter referred to in subsection (1) (c),

the Director-General shall:

(c) cause that person to be registered as a practising real estate valuer subject to such limitations on that person’s right to practise as the Director-General thinks fit, or

(d) cause that person to be registered as a non-practising real estate valuer, unless the person is already so registered.

(3) Without affecting the generality of subsection (2) (c), a limitation referred to in that paragraph may require a practising real estate valuer:

(a) not to value land specified by reference to:

(i) the location of the land, or

(ii) the purpose for which the land is being or may be used, or both, or

(b) not to value land, whether or not specified by reference to either or both of the matters referred to in paragraph (a) (i) and (ii), except under the supervision of or in conjunction with another person of such class or description, if any, as may be specified, who is registered as a practising real estate valuer and whose registration is not subject to any limitation with respect to the land so specified.