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

Rules

Rules for the Property Valuers Profession Amendment, 2022

Annexures

Annexure C.1: Further specific requirements: Professional valuer, professional associated valuer and candidate valuer

6. Application of assessment outcome

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As a general norm, the minimum outcome reached in the assessment referred to in item 5, shall be—

(a) an assessed weighted score of 80 and three types of property valued for one purposes of property valuation, in the case of registration as a professional associated valuer (registered with restrictions or conditions) permitted to performing valuations for the following—
(i) single residential property cluster;
(ii) mortgage bond and security;
(iii) insurance; or
(iv) municipal rating and endowment;
(b) an assessed weighted score of 130 and four types of properties valued for three purposes of property valuation, in the case of registration as a professional associated valuer (registered with restrictions or conditions) permitted to performing a maximum of one property cluster and one purpose of the valuations referred to in item 4; and

[Rule 6(b) Annexure C.1 substituted by the Rules for the Valuers Profession Amendment, 2022, Notice No. 865, GG46000, dated 4 March 2022: Effective immediately]

(c) an assessed weighted score of 190 and nine types of properties valued for four purposes of property valuation, in the case of registration as a professional valuer.