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Valuation and Valuers Registration Act, 2016 (No. 7 of 2016).

Pays/Territoire
République-Unie de Tanzanie
Type du document
Législation
Date
2016
Source
FAO, FAOLEX
Source d'origine
Gazette of the United Republic of Tanzania No. 41 of 30 September 2016.
Titre complet
An Act to provide for powers and functions of Chief Valuer of the Government; to establish the Valuers Registration Board; to provide for the functions and management of the Board; to provide for regulation and control of valuation profession and practice; and to provide for related matters.
Sujet
Terre et sols
Mot clé
Évaluation foncière Procédures judiciaires/procédures administratives Institution Enregistrement
Aire géographique
Afrique, Afrique Orientale, Pays les moins avances
Résumé

This Act provides with respect to the process in which the value of an interest in real property is assessed by a valuer. It also requires a Chief Valuer to be appointed within the Ministry responsible for lands and provides for the registration of valuers. The Chief Valuer is appointed by the President and shall be responsible for advising the Government on all matters relating to valuation practice and activities and be head of the Valuation Department within the Ministry. The Act also provides for the appointment of government valuers and the establishment of a Valuers Registration Board. Every registered valuer or person practising valuation shall comply with guidance on valuation practice set out under this Act and Regulations made under this Act. The carrying out of valuation shall be for the specified purposes including, among other things: (a) rating; (b) compensation; (c) land rent assessment; (d) probate and administration; (e) capital gains tax; (f) sale or purchase; (g) mortgage; (h) rental value assessment.

Texte intégral
Anglais
Site web
parliament.go.tz