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

Rules

Rules for the Property Valuers Profession, 2008

Part IV : Registration (Sections 11(b), 20(2), 21(1)(a)(iii) and 23)

6. Confirmation of payment and registration card

 

(1) A candidate in any category of registration must at all times and circumstances comply with section 19(3) of the Act, read with item 9 of Annexure C.1 or item 8 of Annexure C.2, as the case may be, which provides clearly that he or she may perform work in the property valuers profession only under the supervision and control of a professional ("the supervisor or mentor") and, consequently, that he or she or any person or body for or on his or her behalf—
(a) shall not canvass or solicit valuation work or publish his or her services in his or her capacity as a candidate;
(b) shall accept an instruction or request to assist in the performance of a property valuation only from his or her supervisor or mentor or another professional ("the instructing professional"), which instruction or request shall—
(i) be in writing, stating the name, registration category and postal address of the instructing professional;
(ii) contain the name of the person requiring the property valuation ("the client"); the registration particulars and description of the property to be valued; the type of property; the purpose of the valuation; and the work to be performed by the candidate; and
(iii) form part of the resulting valuation report;
(c) shall, if requested by any person or body ("the client") to perform property valuation work refer the client or the request to an instructing professional;
(d) except where a candidate is in fact also the client he or she shall not, directly or indirectly, instruct a professional to perform property valuation work for a client.

 

(2) A professional shall not, directly or indirectly, take instructions from a candidate, or any person other than a client or his or her duly appointed agent, to perform property valuation work for that client.

 

(3) The statement of account for services rendered in respect of property valuation work performed as a result of an instruction or request referred to in subrule (1)(b), shall be issued by and in the name of the instructing professional or his or her practice, and payment thereof shall be made only to him or her or the practice, as the case may be.

 

[Rule 6 substituted by rule 2 of Board Notice 70 of 2014 dated 11 July 2014]