Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Administration of Estates Act, 1965 (Act No. 66 of 1965)Chapter I: Administrative Provisions6. Appraisers for the valuation of property |
| 1) | The Minister or any officer of the Department of Justice with the rank of director, or any equivalent or higher rank, delegated thereto in writing by the Minister, may from time to time appoint for any area specified by the Minister or the delegated officer, such and so many persons as the Minister or the delegated officer thinks fit, to be appraisers for the valuation of property for the purposes of this Act, and may at any time revoke any appointments so made. |
| 2) | Every person so appointed shall take an oath before a justice of the peace or commissioner of oaths that he will appraise all such properties as may be submitted to his valuation according to the true valuation thereof and to the best of his skill and knowledge. |
| 3) | Any appraiser appointed under the corresponding provision of the Administration of Estates Act, 1913 (Act No. 24 of 1913), or of any law repealed by that Act, and holding office at the commencement of this Act, shall be deemed to have been appointed under this section, and it shall not be necessary for him, if he has already taken an oath, to take any further oath under this section. |
| 4) | No appraiser shall act in connection with any property in which or in the valuation of which— |
| a) | he or his spouse or partner has any pecuniary interest other than his remuneration as appraiser; or |
| b) | his principal or employer or any person related to him within the third degree has any pecuniary interest. |
| 5) | Every appraiser shall, in respect of every appraisement made by him, be entitled to a reasonable remuneration which shall be assessed according to a prescribed tariff of fees, and shall in case of a dispute regarding the correctness thereof submit his account to the Master for taxation. |
