New South Wales Repealed Acts

This legislation has been repealed.

VALUERS REGISTRATION ACT 1975 - SECT 16

16 Renewal of registration under this Part

(1) The registration of a person under this Part (other than as a non-practising real estate valuer):

(a) remains in force for a period of one year, and

(b) may, upon application to the Director-General being made within the prescribed period before the date of expiry thereof, and on payment of the prescribed fee, be renewed for a like period.

(2) A person who duly applies for renewal of registration under subsection (1) shall remain registered under this Part until such time as the Director-General deals with the person’s application pursuant to this section.

(3) An application for renewal of registration under subsection (1) made after the expiration of the prescribed period referred to in subsection (1) (b) shall be deemed to be a duly made application for registration under this Part if the Director-General so decides.

(3A) However, an application for renewal of registration under subsection (1), whenever made, is taken not to have been duly made unless the prescribed fee is paid.

(4) The Director-General shall cause to be removed from the register the name of a person whose registration under this Part expires and shall cause that person, where, immediately before the person’s registration expired, the person was registered as a practising real estate valuer, to be registered as a non-practising real estate valuer.

(4A) Unless the Director-General is of the opinion that a person who has duly applied for renewal of registration as:

(a) an associate real estate valuer is not, for the purpose of gaining sufficient experience and competence in valuing land to be able, by himself or herself, to value properly all classes of land, at the date of the application under the supervision of a person registered as a practising real estate valuer, or

(b) an associate valuer of licensed premises is not, for the purpose of gaining sufficient experience and competence in valuing licensed premises to be able, by himself or herself, to value properly all classes of licensed premises, at the date of the application, under the supervision of a person registered as a valuer of licensed premises or as a practising real estate valuer whose registration is not subject to any limitation with respect to licensed premises,

the Director-General shall cause that registration to be renewed.

(5) Unless the Director-General is of the opinion that a person who has duly applied for renewal of registration as:

(a) a practising real estate valuer is no longer sufficiently competent in valuing land to be able, by himself or herself, to value properly all classes of land, or

(b) a valuer of licensed premises is no longer sufficiently competent in valuing licensed premises to be able, by himself or herself, to value properly all classes of licensed premises,

the Director-General shall cause that registration to be renewed.

(6) Where the Director-General is of the opinion that a person who has duly applied for renewal of registration as a practising real estate valuer is no longer sufficiently competent in valuing land to continue to be able, by himself or herself, to value properly all classes of land, the Director-General shall:

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

(a1) cause the person to be registered as an associate real estate valuer, or

(b) cause the person to be registered as a non-practising real estate valuer.

(6A) Where the Director-General is of the opinion that a person who has duly applied for renewal of registration as a valuer of licensed premises is no longer sufficiently competent in valuing licensed premises to be able, by himself or herself, to value properly all classes of licensed premises, the Director-General shall either:

(a) cause the person to be registered as an associate valuer of licensed premises, or

(b) refuse to renew the person’s registration.

(7) Where a person duly applies for renewal of registration as a practising real estate valuer and the person’s registration is subject to limitations on the person’s right to practise, the Director-General shall, if the Director-General is of the opinion that the person is now sufficiently experienced and competent to be able, by himself or herself, to value properly all classes of land, cause the person’s registration to be renewed without those limitations, but if the Director-General is not of that opinion, the Director-General shall either:

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

(b) cause the person to be registered as a non-practising real estate valuer.