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Promulgation of Property Valuers Profession Act, 2012 (No. 7 of 2012).

Country/Territory
Namibia
Document type
Legislation
Date
2012
Source
FAO, FAOLEX
Original source
Government Gazette of the Republic of Namibia No. 4973 of 26 June 2012.
Long title
An Act to provide for the establishment of the Namibian Council for Property Valuers Profession; to provide for the registration of professional valuers, associate professional valuers, valuers in training, student valuers in training and specified categories in the property valuation profession; and to provide for incidental matters.
Subject
Land & soil
Keyword
Land valuation Registration Institution Court/tribunal Legal proceedings/administrative proceedings Offences/penalties
Geographical area
Africa, South Atlantic, Southern Africa
Abstract

This Act establishes the Namibian Council for Property Valuers Profession and provides with respect to qualification and registration of immovable property valuers. It also provides for control of the conduct of the professional practice of property valuers and disciplinary powers of the disciplinary tribunal appointed of under this Act. "Property" in this Act includes movable assets which forms part of an immovable property. The Council shall, among other things, register any person required to be registered in terms of this Act and appoint a Registrar for this purpose. The Council shall, after consultation with voluntary associations, registered persons and the Minister, draw up a code of conduct for registered persons. The Act defines offences.

Full text
English