Property Valuers Profession Act, 2000 (Act No. 47 of 2000)NoticesPublication of Fees and Charges for South African Council for the Property Valuers Profession: Act No. 47 of 2000: Section 12(1): Effective 1 April 2024 until 31 March 2025Notice No. 2406 of 2024 |
Notice No. 2406
12 April 2024
GG 50460
Department of Public Works and Infrastructure
| 1. | Annual Fee (VAT inclusive, Non Refundable (Neither as a whole nor in part) |
Registration Category |
Fee payable |
Professional Valuers |
R4 715 |
Pr Associated Val and SRPA |
R4 350 |
Ca Val registered > 5 years |
R4 090 |
Ca Val registered < 5 years |
R1 506 |
All Octogenarians |
R 906 |
International Professionals |
R4 715 |
International Professionals |
R1 506 |
TO NOTE: Registration will be suspended if no payment is received by 31 December 2024 and registration will be cancelled if no payment is received by 31 March 2025.
| 2. | Application Fee (VAT Inclusive and Non-refundable) |
| (a) | R1 580 for all registration categories, i.e., Professional Valuer (Pr Val), Professional Associated Valuer (Pr AVal), Candidate Valuer (Ca Val), and Single Residential Property Assessor as well as Candidate Single Residential Property Assessor ("CSRPA” and “SRPA”); |
| (b) | R2 720 for all International/ Foreign registrations-All categories of registration; and |
| (c) | Additional R1 135 for all categories of International/Foreign categories of registrations; and |
| (d) | R7 500 for a new Specified category, e.g., Plant, Machinery and Equipment (PME), Municipal Property Assessor (MPA) when these registration categories open. |
| (e) | R23 000 for Recognised Prior Learning (RPL) ito s12(1)(i) of the PVP Act. |
| 3. | Registration Fee (VAT Inclusive and non-refundable) |
(a) |
Professional Valuer |
R3 110 (50% non-refundable) |
(b) |
Professional Associated Valuer |
R2 990 (50% non-refundable) |
(c) |
Candidate Valuer |
R1 430 (50% non-refundable) |
(d) |
Candidate Single Residential Property Assessor <5 yrs) |
R1 430 (50% non-refundable) |
(e) |
Single Residential Property Assessor and Spec Cat |
R2 990 (50% non-refundable) |
(f) |
International Professional Valuer |
R4 240 (50% non-refundable) |
(g) |
International Professional Associated |
R4 120 (50% non-refundable) |
(h) |
International Professional Valuer |
R2 570 (50% non-refundable) |
(i) |
Registration fees for Recognised Prior Learning (RPL) |
R7 000 (Amt non-refundable) |
| 4. | Examination & Supplementary Examination Fee (VAT Incl- 50% refundable till 14 days before exam) |
(a) |
Professional Valuer |
R 3 800 |
(b) |
Professional Associated Valuer and SRPA |
R 3 520 |
| 5. | Other Applicable Fees and Charges |
(a) |
Administration Fee (Re-Registration) |
R 1 160 |
(b) |
Appeal ito s25(1) of the PVP Act |
R 9 500 |
(c) |
Assessing Application ito, PAIA & Furnishing Reasons |
A basic charge plus R50/ page |
(d) |
Audio recordings |
No transcript; only on USB |
(e) |
Duplicate hard copy certificate |
R 350 |
(f) |
Invigilating per day |
R 1 300 |
(g) |
Setting of Examination Paper |
R 4 500 |
(h) |
Marking of Scripts - per script |
R 300 |
(i) |
Moderation of Scripts - per script |
R 150 |
(j) |
Examination Refresher session: In person |
R 2 100 |
(k) |
Practical Examination and Interview (SRPA) |
R 3 250 |
(l) |
Practical Work school 4 to 5 day Attendance 3 days (SRPA) 1 day Non Registered persons attending Practical WS |
R 8 000 R 4 250 R 1 900 R 9 100 |
(m) |
Pre exam Workshop |
R 1 600 |
(n) |
Remarking of Script |
R 2 000 |
(o) |
Request for Letter of Good standing (LGS) |
R 300 |
(p) |
Advertising on SACPVP website |
R 500 |
(q) |
Witness Fee – Includes appearance time (Travel @ DOT rates & expenses excluded) |
R 4 800 |
Additional Notes
| 1. | The Act: Reference is made to the Property Valuers Profession Act, 2000 (Act No. 47 of 2000). |
| 2. | Annual Fee |
| 2.1 | A newly registered candidate valuer is exempt from paying the annual fee for his/her first year of registration. All that is payable is the application fee and the registration fee. Once the applicant has been approved to register with SACPVP, an invoice will be issued for the registration fee in order to be registered as a candidate valuer. |
| 2.2 | This is the annual subscription paid by all registered persons. The invoices are emailed on 1st April 2024 is the start of the new financial year. The registered persons has three months to pay their annual fees, i.e. May, June and July or 90 days. Thereafter, interest will be charged on the amount of the annual fees. |
| 3. | Application Fee |
Fees that are paid by the new applicant when they submit an application to SACPVP for the first time. Proof of payment should be attached to the prescribed application form. It is a non-refundable, once off payment. Once the new applications have been approved, they will proceed to pay the registration fees.
| 4. | Registration Fee |
Are fees paid by registered persons when they are progressing from one category to another. Once the registered person has passed the professional valuer or professional associated valuer examination. He/she is required to pay the registration fees in order to change the category of registration.
| 5. | Validation of CET events and points: Please visit the website: www.sacpvp.co.za |
| 6. | Posting of Registration certificate and Registration cards. The registered persons or Institutions to arrange the collection thereof. |
| 7. | Recognised Prior Learning (RPL). Each application will be assessed on its merit and subject to the applicant adhering to a set criteria. |
ND Naidoo
Registrar
South African Council for the Property Valuers Profession (SACPVP)