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Property Valuers Profession Act, 2000 (Act No. 47 of 2000)

Rules

Rules for the Property Valuers Profession, 2008

Part I : Definitions

1. Definitions

 

In these rules any word or expression to which a meaning has been assigned to in the Act shall bear the meaning, and unless the context otherwise indicates—

 

"business property cluster"

means the various types of properties referred to in paragraph (b) of item 3 of Annexure C.1;

 

"cluster"

means the same types of properties (as defined);

 

"farm or agricultural property cluster"

means the various types of properties as defined in paragraph (b) of item 3 of Annexure C.1;

 

"restricted"

means to be permitted or registered to perform property valuation work in respect of only a specified field of property valuation, and "restriction" has a corresponding meaning;

 

"single residential property cluster"

means the various types of properties referred to in paragraph (b) of item 3 of Annexure C.1;

 

"special type or miscellaneous property cluster"

means the various types of properties referred to in paragraph (b) of item 3 of Annexure C.1;

 

"types of properties"

means the various types comprising a cluster referred to (and listed) in paragraph (b) of item 3 of Annexure C.1; and

 

"the Act"

means the Property Valuers Profession Act, 2000 (Act No. 47 of 2000).

 

[Rule 1 substituted by rule 2 of Board Notice 166 of 2016 dated 21 October 2016]

 

 


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