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Property Valuation Act, 2014 (Act No. 17 of 2014)

Chapter 2 : Office of Valuer-General

Part 1 : Establishment, status, functions and powers

6. Functions

 

 

The Office of the Valuer-General

(a) must value any property contemplated in section 12(1)(a);
(b) may, at the request of a department, value property contemplated in section 12(1)(b);
(c) must make recommendations to the Minister regarding the—
(i) criteria for the determination of the value of property contemplated in section 12(1)(a);
(ii) procedures and guidelines, excluding the method of valuation for the valuation of properties, the manner in which a valuation must be performed and any other relevant factors; and
(iii) system to monitor compliance with the criteria and procedures contemplated in subparagraphs (i) and (ii); and
(d) must determine the matters that must be reflected in a valuation report contemplated in section 15.

 


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