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Valuation Act 1967.

Country/Territory
Papua New Guinea
Document type
Legislation
Date
1967 (2006)
Source
FAO, FAOLEX
Original source
Papua New Guinea Consolidated Legislation 2006.
Long title
Being an Act relating to the valuation of property, to provide for the registration of land valuers and for other purposes.
Subject
Land & soil
Keyword
Land valuation Institution Registration
Geographical area
Asia and the Pacific, Melanesia, Oceania, Small Island Developing States, South Pacific
Abstract

This Act makes provision for the valuation of property, for the registration of land valuers and for the establishment of a Papua and New Guinea Valuers Registration Board. The Act defines the procedures and criteria of valuation of property including land. There shall be various kinds of valuers, i.e. a valuer of urban land, a valuer of rural land or a valuer competent for both kinds of land. Land valuers shall be registered in accordance with this Act in the Register of Valuers.

Full text
English
Website
www.paclii.org

References - Legislation

Implemented by

Valuation Regulation 1967.

Legislation | Papua New Guinea | 1967 (2006)

Keyword: Land valuation, Institution, Registration

Source: FAO, FAOLEX

Amended by

Valuation (Amendment) Act 2016 (No. 32 of 2016).

Legislation | Papua New Guinea | 2016

Keyword: Land valuation, Registration, Royalties/fees

Source: FAO, FAOLEX

Valuation (Amendment) Act 2022 (No. 61 of 2022).

Legislation | Papua New Guinea | 2022

Keyword: Subdivision of land, Land valuation, Ownership, Business/industry/corporations

Source: FAO, FAOLEX